Samsung Pushes Stablecoins Into Everyday Mobile Payments

Samsung will begin rolling out USDC transfers on Solana through Samsung Wallet in the United States, giving eligible Galaxy users a new way to send money across borders without installing a separate crypto application. The feature is scheduled to launch in the last week of October and could reach about 82 million compatible U.S. Galaxy devices.

Built directly into Samsung Wallet

The integration places stablecoin transfers inside the same wallet consumers already use for cards, IDs, boarding passes and other digital credentials. Users will not need to manage separate private keys or navigate a standalone crypto wallet.

Samsung said USDC will be the first supported stablecoin. The service will also include fiat on- and off-ramps, allowing users to move between digital dollars and local currencies as part of the transfer process.

The initial service will support several key functions:

• Send USDC to compatible crypto wallets and exchange accounts
• Transfer funds to eligible bank accounts in more than 60 countries
• Convert between stablecoins and local currencies through integrated ramps
• Use biometric authentication on compatible Galaxy devices

Samsung said transfers to compatible external wallets will carry no Samsung-imposed transfer fee, although receiving platforms may charge their own fees.

Solana targets mainstream payments

Solana will provide blockchain infrastructure for part of the service, while Samsung is also working with other infrastructure partners. The company said additional blockchain network support will come from partners with the required technical capabilities.

The move gives Solana access to a large consumer distribution channel at a time when stablecoins are expanding beyond trading and decentralized finance. CoinDesk previously reported that Samsung was positioning its Galaxy ecosystem as a major distribution route for stablecoin-based financial services.

Samsung is also working with regulated partners for custody, compliance and money movement. Bastion will provide parts of the stablecoin infrastructure, while Coinbase will serve as its sub-custodian for USDC through Coinbase Prime.

The rollout could mark a significant shift in how consumers interact with stablecoins. Rather than requiring specialized crypto knowledge, Samsung is placing digital-dollar transfers inside an everyday mobile wallet. Future plans could include stablecoin payments online and in physical stores, subject to regulatory requirements.