Sei Labs Strikes Wallet Deal With Xiaomi

Sei Labs has confirmed a deal with Xiaomi that will embed a new wallet and crypto discovery platform into Xiaomi smartphones distributed globally, excluding mainland China and the United States. 

This initiative ensures the app becomes a core component of new devices, allowing users to explore Web3 tools without installing additional software. The rollout will begin in regions where crypto adoption is already established, including Europe, Latin America, Southeast Asia, and Africa.

The software will streamline account creation through Google and Xiaomi IDs and deploy multi-party computation to enhance wallet security. The app will also enable peer-to-peer transactions, interactions with decentralised applications, and access to a range of consumer-facing crypto services. 

Given Xiaomi’s position as one of the top three smartphone manufacturers globally, with more than 13% market share and 168 million devices shipped in 2024, the companies expect widespread exposure to both new and existing users. With strong market footholds in countries like Greece and India, the partnership could become a first introduction to crypto for millions of people.

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Industry Impact and Direction

A major part of the collaboration involves preparing for stablecoin payments across Xiaomi’s retail footprint, enabling purchases of products using assets such as USDC on the Sei network. 

Planned payment functionality is expected to go live in Hong Kong and the European Union by Q2 2026, before expanding into further compliant jurisdictions. Customers would be able to use stablecoins for items ranging from phones to scooters and potentially larger hardware categories.

Sei framed the partnership as a strategic shift that places blockchain capabilities directly inside mainstream consumer technology. Jeff Feng, Co-Founder of Sei Labs, characterised the project as a “watershed moment” for blockchain adoption.

We’re not just solving the onboarding problem – we’re reimagining how billions of users will interact with digital assets in their daily lives.

Jeff Feng, Co-Founder of Sei Labs

Jay Jog, Co-Founder of Sei Labs, pointed to Sei’s capacity to support thousands of transactions per second and deliver finality in under 400 milliseconds, noting the network’s ambition to handle payments and trading at scale.

We’re moving from a world where crypto is something you have to find, to one where it finds you.

Jay Jog, Co-founder of Sei Labs

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