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.

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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The Impossible Trilemma Is Basically a Pseudo-Problem

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The "Impossible Triad" Is Fundamentally a Pseudo-Problem

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The "Impossible Triad" Is Fundamentally a Pseudo-Problem

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Optical Chips: Collective Capacity Expansion

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Stablecoins Finally Find Real Yield: An In-Depth Look at On-Chain Reinsurance Re | A Conversation with Re Founder Karan Saroya

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Stablecoins Finally Find Real Yield: An In-Depth Look at On-Chain Reinsurance Re | A Conversation with Re Founder Karan Saroya

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1996 or 1999? Walsh's First Test is 'How to View AI'

"1996 or 1999? Wall's First Big Test Is 'How to View AI'" Federal Reserve Chairman Wall's initial challenge is not whether to raise or cut rates, but a more fundamental judgment: what kind of boom is the current AI boom? This will determine the Fed's policy path and define his legacy. Economics is split between two opposing views, according to reporter Nick Timiraos. One sees imminent productivity gains that will increase supply and cool inflation, allowing the Fed to hold steady. The other argues that while productivity benefits are distant, demand shocks are here now, and waiting for data confirmation risks missing the intervention window, forcing sharper rate hikes later. Wall has signaled a leaning toward the first view, echoing 1996-era Alan Greenspan, who embraced strong, productivity-driven growth without fear of inflation. However, Wall faces a different macro environment than Greenspan did, with tariff pressures, expanding fiscal deficits, and diminishing globalization benefits, which could force more significant inflation pressures even if AI benefits materialize. Wall's logic, expressed before taking office, is that AI-driven productivity gains won't show in official data for years. If the Fed waits for confirmation, it might mistakenly tighten policy and choke off the very growth that could suppress inflation. This argues for using forward-looking narratives over lagging data. Chicago Fed President Austan Goolsbee presents a key counter-argument. He distinguishes between expected and unexpected productivity booms. A widely anticipated boom, like the current AI wave, can cause people to spend future wealth gains in advance, overheating the economy before productivity actually rises, thus requiring preemptive rate hikes. He cites rising costs for AI data centers as evidence of such overheating. Fed Governor Christopher Waller offers a rebuttal to Goolsbee, noting the "expected spending" mechanism only works if people can borrow against future income, which many households cannot do due to borrowing constraints. Wall also faces a paradox related to his desire to reduce the Fed's use of "forward guidance" (pre-announcing policy moves). This practice was established in 1999 when Greenspan began signaling hikes to avoid market shocks. If the economy follows a less optimistic path, Wall may be forced to choose between using the guidance he wants to abolish or risking market volatility by staying silent. The ultimate question defining Wall's first major test remains: Is this 1996 or 1999?

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1996 or 1999? Walsh's First Test is 'How to View AI'

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