361 Degrees is testing stablecoin settlement solutions to enhance operational efficiency and reduce costs for its international business activities, including retail and supply chains.
361 Degrees announced it is exploring stablecoin payment and settlement solutions for international sales outside mainland China, covering retail, e-commerce, supply chains, and its digital ecosystem. The company has partnered with a third-party provider specializing in omni-channel digital payment systems to streamline cross-border transactions. The aim is to improve payment efficiency, reduce transaction costs, and mitigate exchange rate risks in global operations.