Xiaomi to pre-install Sei crypto wallet on millions of phones in global rollout

cointelegraphPubblicato 2025-12-11Pubblicato ultima volta 2025-12-11

Introduzione

Sei Labs, the developer behind the Sei blockchain, has partnered with Xiaomi to pre-install a crypto wallet and discovery app on all Xiaomi smartphones sold outside mainland China and the U.S. The app will allow users to sign in with Google or Xiaomi accounts and includes a secure MPC wallet, access to crypto applications, and support for P2P and merchant payments. The rollout will begin in Europe, Latin America, Southeast Asia, and Africa. A $5 million fund will support mobile blockchain projects. The companies also plan to enable stablecoin payments for Xiaomi products, including phones and EVs, starting in Hong Kong and the EU by mid-2026. This move follows similar efforts by Solana Mobile, which has launched two Web3 smartphones, and Samsung’s integration of crypto features via Coinbase.

Sei Labs, the core development group behind the Sei blockchain, has reached a distribution deal with Xiaomi to pre-install a new crypto wallet and discovery app on all Xiaomi smartphones sold outside mainland China and the United States.

According to Thursday’s announcement, the app will let users sign in with their existing Google or Xiaomi IDs and will feature a multiparty computation wallet for security, access to popular crypto applications, and support for both peer-to-peer and merchant payments.

The rollout will start in Europe, Latin America, Southeast Asia and Africa. Sei Labs is also creating a $5 million program aimed at funding mobile projects that bring blockchain features to consumer devices.

The companies plan to add stablecoin payments across Xiaomi’s retail and online channels, allowing customers to purchase devices, including phones and electric vehicles, using assets like USDC (USDC), which is supported by Sei. Early launches are targeted for Hong Kong and the EU by mid-2026, with broader expansion to follow.

Xiaomi’s “Lens to Legend” smartphone. Source: Xiaomi

Sei, launched in 2023, is a high-speed layer-1 blockchain built for low-cost transactions. Xiaomi is a global electronics company that makes smartphones, smart-home devices, IoT hardware and electric vehicles. It was founded in 2010 and is based in Beijing.

Related: Chinese tech giants halt Hong Kong stablecoin plans amid Beijing concerns: FT

Solana’s push into smartphones

Sei Labs isn’t the first Web3 project to target smartphones as a gateway for mainstream crypto adoption.

The Solana Mobile, a subsidiary of Solana Labs, announced its first smartphone, the Saga, in June 2022 before beginning shipments the following year. In late 2023, sales surged when a BONK airdrop tied to each device briefly made the phone worth more in tokens than its retail price.

In August 2024, Solana began shipping its second-generation Seeker phone to users in over 50 countries after receiving more than 150,000 preorders. The device includes broad hardware upgrades, a built-in crypto wallet, a decentralized app store and an updated seed-vault system.

Source: Solana Mobile

On Dec. 3, Solana Mobile announced its plans to launch a native token, SKR, tied to its Seeker phone and broader mobile ecosystem in early 2026. The 10 billion-token supply will include large allocations for airdrops, growth incentives, liquidity and a community treasury, with portions also set aside for Solana Mobile and Solana Labs.

Samsung has also been expanding crypto features on its phones through a recent partnership with Coinbase. In October, the companies began allowing roughly 75 million US Galaxy users to buy crypto directly in Samsung Wallet, with plans to extend the integration to other markets.

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ECB's Schnabel says central bank money 'should move to blockchain'

ECB Executive Board member Isabel Schnabel stated that central bank money "must move onto the blockchain." She argued that stablecoins lack the independent ability to scale liquidity during financial stress—a gap only a central bank can fill. Her proposed solution involves tokenization, which she says can make transactions faster, safer, and more programmable, but only if the safest asset (central bank money) is on the same "rails" as other tokenized assets. This marks a notable shift for the Eurosystem, which had previously viewed Distributed Ledger Technology (DLT) mainly as a tool for regulating stablecoins and crypto, not as infrastructure to adopt directly. The first step is Project Pontes, launching in September. It will initially synchronize the ECB’s existing TARGET services with private DLT platforms. Eventually, it aims to enable settlement finality on a Eurosystem-managed DLT platform with smart contract functionality and 24/7 operation. The long-term strategy is Project Appia, tasked with developing the architecture, standards, and legal framework for a genuine European tokenized asset market by 2028. Trials have already processed around €1.6 billion, and since March 2026, the ECB accepts DLT-based assets as collateral. While not directly impacting Bitcoin's price, these developments signal that a major G7 central bank is preparing to settle transactions on-chain, lending legitimacy to the underlying infrastructure of crypto markets. The ECB's move to avoid "disintermediation" by private tokenization shows that debates in central bank boardrooms are now aligning with discussions long followed in the crypto space.

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ECB's Schnabel says central bank money 'should move to blockchain'

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Ripple Labs Warns of a New Challenge for Blockchains

Ripple Labs is preparing the XRP Ledger for quantum threats but now emphasizes a broader challenge: ensuring financial infrastructure can adapt simultaneously to quantum computing and artificial intelligence. Senior Director of Engineering Ayo Akinyele states the goal is not merely anticipating a "Q-Day" but building infrastructure capable of preemptively adopting new security mechanisms without network disruption. The shift to post-quantum cryptography involves more than swapping algorithms; it requires flexible infrastructure, improved key management, and clear upgrade paths. Financial systems were not designed with quantum computers in mind, necessitating a rethink of transaction, identity, asset, and data protection. This is underscored by significant investments, such as the $2 billion U.S.-IBM quantum factory initiative and a 2030 U.S. government mandate for post-quantum cryptography adoption. AI introduces distinct risks by driving automation and autonomous economic activity, increasing demand for an always-on, internet-oriented payment infrastructure. AI agents could soon conduct transactions independently, creating new security requirements. Ripple Labs advocates for proactive, orderly preparation rather than a crisis-driven transition, having outlined a four-phase strategy aiming for a full XRP Ledger transition by 2028, now expanded to address both quantum and AI-driven challenges.

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Ripple Labs Warns of a New Challenge for Blockchains

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