361 degrees: Exploring the use of stablecoin payment and settlement solutions to improve cross-border e-commerce efficiency

According to ChainCatcher, according to Jinshi, 361 Degrees (01361.HK) announced that the company is exploring solutions for using stablecoin payment and settlement, mainly used for product sales outside mainland China, including overseas offline stores and e-commerce sales. The company has opened an account at an independent third-party service provider, aiming to improve payment efficiency, reduce costs, and reduce exchange rate risks when trading with overseas customers.