Sei Labs partners with Xiaomi: Pre-installing cryptocurrency wallets on global smartphones

Source: TokenPost Original Title: Seilabs - Xiaomi, Pre-install Cryptocurrency Wallet on Smartphones… Targeting Global Markets in Europe, Southeast Asia, and More Original Link: https://www.tokenpost.kr/news/blockchain/313960 Sei Labs has partnered with global smartphone manufacturer Xiaomi to pre-install cryptocurrency wallets and discovery apps on users’ smartphones worldwide. These applications will be rolled out in phases across regions outside mainland China and the United States.

According to the announcement on December 4th, the app is designed to allow users to easily log in via Google or Xiaomi accounts, utilizing the privacy-enhanced “Multi-Party Computation(MPC)” technology as the foundation for the cryptocurrency wallet. Users can access major blockchain applications, perform personal transfers, and shop payments, reflecting the original intent of practical application design.

The initial rollout regions include Europe, Latin America, Southeast Asia, and Africa. Sei Labs also announced a $5 million support program to assist projects focused on expanding blockchain functionalities to consumer devices.

Xiaomi and Sei Labs plan to strengthen their cooperation further by introducing stablecoin-based payment features. Through this partnership, users will be able to directly purchase devices and electric vehicles among other products using stablecoins like USDC via Xiaomi’s online and offline channels. This feature is expected to launch in Hong Kong and the European Union by mid-2026, with gradual expansion afterward.

This partnership is significant for Sei in gaining global sales channels. As the third-largest smartphone manufacturer worldwide, Xiaomi’s sales network will help lower the barriers to entry for blockchain applications and wallet usage. Especially considering the billions of mobile users, extending blockchain technology into everyday life contact points is a very clear strategic intent.

Market Analysis

Xiaomi’s collaboration with Sei Labs, a major consumer electronics brand, is a strategic move to expand the practical application of blockchain technology. The trend of increasing accessibility and usability of cryptocurrency wallets through mobile devices is expected to accelerate broadly.

Key Strategic Points

• Wallets utilizing MPC technology to enhance security
• Integration with Google and Xiaomi accounts to remove user entry barriers
• Promoting cryptocurrency purchases of physical assets through stablecoin payments
• A release strategy prioritizing global markets

Terminology Explanation

• MPC(Multi-Party Computation): A method of splitting private keys into multiple segments that work together during decryption to enhance security
• USDC: A stablecoin pegged to the US dollar, used as a digital dollar in major transactions
• Sei: A project developing high-performance DeFi-centric blockchain platforms