Samsung Wallet launches USDC stablecoin transfers on Solana
7.1 Stablecoins Samsung Wallet adds USDC on Solana for eligible U.S. Galaxy users, enabling direct stablecoin transactions on 82M devices, global payouts, and no Samsung fees. Expansion to more markets and payment options is planned.
Samsung Wallet has launched support for the USDC stablecoin on the Solana blockchain, now available to eligible Galaxy users in the United States. This integration reaches up to 82 million compatible devices, allowing users to buy, hold, send, and receive USDC directly within the Samsung Wallet app. There is no need for a separate crypto application or manual management of private keys. The service is developed in partnership with Bastion, a licensed stablecoin custodian, and Coinbase, which secures USDC through its Prime Vault. Users can make transfers without Samsung fees and send funds to other wallets or bank accounts in over 60 countries, with automatic conversion to local currencies. Credit card top-ups incur a 4% fee, and the service is currently unavailable in New York. Samsung is also considering enabling stablecoin payments in stores and online, with potential expansion to additional markets depending on regulatory developments. This move simplifies digital asset access and marks a significant step toward mainstream adoption of stablecoins for everyday payments and cross-border transfers.
