361 degrees: Currently exploring the use of stablecoin payment and settlement solutions to enhance the efficiency of cross-border e-commerce

ChainCatcher news, according to Jinshi reports, 361 Degrees (01361.HK) announced that the company is currently exploring solutions for payment and settlement using stablecoins, primarily for product sales outside mainland China, including overseas offline stores and e-commerce sales. The company has opened accounts with independent third-party service providers, aiming to enhance payment efficiency, reduce costs, and mitigate exchange rate risks when transacting with overseas customers.