Chinese sportswear brand 361° International Limited is testing new payment methods. The company announced today that it is investigating the use of stubcoin settlements in areas outside mainland China. This includes international retailers, online sales, supply chain services, and the growing digital ecosystem. To begin trial, 361 degrees opened an account with a third-party provider. Our partners specialize in digital payment services. It works with Fiat Money and Stubcoin. The company said its goal is to make global transactions faster and more efficient for its customers and business partners.
Why Stablecoins are useful
Stablecoins are digital currencies related to traditional money, such as the US dollar. They are gaining popularity in trade because they allow faster payments and cost reductions. It also reduces reliance on slow banking networks. For 361 degrees, a stubcoin could solve some real problems. Many of its international clients need quick local payments and smooth cross-border settlements. Using Stablecoins can reduce costs, improve trading times, and reduce foreign exchange risk. The company believes this will facilitate e-commerce and business for its international partners.
Business Strategy in Action
This update was shared as a voluntary announcement for shareholders and investors. The company’s leadership, including Chairman Ding Huihuang, said the move shows a commitment to adapt in a rapidly changing market. Management noted that more companies around the world are currently using digital assets. For 361 degrees, stubcoins can present new opportunities while increasing efficiency. However, the company reminded investors that this is still an experiment. It’s not a permanent change. The major updates will be shared through official announcements under the Hong Kong Stock Exchange Rules.
Approximately 361 degrees
Founded in 2003, 361 degrees has grown into one of China’s leading sportswear companies. We design, manufacture and sell a wide range of products. From running shoes to basketball apparel. Its brand message, “One Degree Beyond,” focuses on energy, youth and international appeal. The company also operates 361° children. We provide sportswear to children and teenagers. This line emphasizes functionality, health and style. Young athletes and their families are equally attractive. Due to domestic and international operations, the company continues to expand into the global market at 361 degrees.
Sportswear meets digital finance
The move illustrates the growing link between traditional consumer brands and blockchain technology. Many industries are exploring stubcoins to simplify global payments. 361 degrees are in line with a larger trend by testing this option. If successful, the company can reduce costs. It also attracts younger customers who are more open to digital assets. Less barriers to faster payments and cross-border trade could strengthen our position as a global competitor.
Looking ahead
The use of stubcoin in mainstream retailers is still in its early stages. But the 361-degree decision to test them shows how businesses are embracing this change. For investors, it shows innovation beyond the company’s core products. It could mean easier and cheaper payment choices for customers in the future. The company has made it clear that this is just the beginning. The fashion and finance industry is gaining attention as a 361-degree experiment using Stablecoin settlements.
