361 Degrees (01361.HK) explores stablecoin payments to enhance cross-border settlement efficiency and reduce exchange rate risk.

Zhito Financial APP News, 361 Degrees (01361.HK) issued an announcement that the company is currently exploring the use of stablecoins for payment and settlement solutions, for the sale of products in regions outside of mainland China, including overseas offline stores, e-commerce sales, supply chain services, and digital ecosystem business. In this regard, the group has opened an account with an independent third-party service provider who specializes in legal currency and stablecoin digital payment solutions, to help enterprises achieve efficient and seamless value flow globally.