361 Degrees: The company is currently exploring solutions for payments and settlements using stablecoins

Jinse Finance reported that 361 Degrees (01361.HK) announced that the company is currently exploring solutions for using stablecoins for payment and settlement in the sales of the Group’s products outside mainland China, covering overseas offline stores, e-commerce sales, supply chain services, and digital ecosystem business. The adoption of stablecoin payment methods can improve payment efficiency and reduce costs, thereby better meeting the needs of cross-border e-commerce customers. It is expected that this payment method will also help reduce the exchange rate risk faced by the Group when transacting with customers outside mainland China. (Golden Ten Data)