361 degrees: Explore stablecoin payment to improve cross-border settlement efficiency and reduce exchange rate risks

PANews reported on September 12 that according to Zhitong Finance, 361 Degrees (01361.HK) issued an announcement that the company is exploring solutions for using stablecoin payment and settlement for the group's product sales outside mainland China, covering overseas offline stores, e-commerce sales, supply chain services and digital ecological businesses. In this regard, the Group has opened an account with an independent third-party service provider who is deeply engaged in omni-channel digital payment solutions for fiat currencies and stablecoins, helping companies achieve efficient and seamless value flows worldwide.