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ChainCatcher news, according to PR Newswire, Sei has announced a major partnership with global consumer electronics giant Xiaomi: all new Xiaomi smartphones (except those in mainland China and the United States) will come pre-installed with a next-generation crypto wallet and app discovery application based on Sei, and plans are underway to launch stablecoin payment functionality in Xiaomi's global retail system. Pre-installed application: Supports one-click onboarding with Google/Xiaomi ID, built-in MPC wallet security, multiple popular DApp entries, P2P transfer, and C2B payment capabilities. Priority markets: Europe, Latin America, Southeast Asia, Africa, and other regions with mature crypto adoption; Xiaomi holds a leading position in Greece (36.9%) and India (24.2%). Payment system plan: Currently developing stablecoin (such as USDC) payment functionality, with the first launch expected in Hong Kong and the EU in Q2 2026, and gradual expansion to more compliant markets. Xiaomi's influence: In 2024, global sales reached 168 millions smartphones, with a market share of 13%, firmly ranking among the top three worldwide. The pre-installed application will cover all new devices and will also be pushed to existing users. Sei believes this move will shift crypto from "users actively searching" to "automatically reaching users." With sub-second finality and high TPS, Sei can support the large-scale adoption of consumer-level Web3 applications.

ChainCatcher reported that the American Federation of Teachers (AFT), the second largest teachers' union in the United States, has urged the U.S. Senate to reconsider a cryptocurrency bill, claiming that the legislation puts the pensions of its 1.8 million members at risk while doing little to combat fraud and corruption in the digital asset sector. Randi Weingarten, President of the AFT, stated in a letter to the U.S. Senate Banking Committee regarding the "Responsible Financial Innovation Act" that the bill is "irresponsible and reckless," noting that "it poses profound risks to the pensions of working families and to overall economic stability." She warned that, if enacted, it could "lay the groundwork for the next financial crisis." The bill was jointly introduced by Senators Cynthia Lummis and Bernie Moreno. Previously, the largest U.S. labor federation, AFL-CIO, and the Institute of Internal Auditors also expressed opposition to the bill, pointing out that it fails to protect consumers and ensure sound governance of cryptocurrency exchanges.