Samsung has launched Stablecoin Accounts in Samsung Wallet, The Block reported. The company confirmed on Thursday, November 5 that eligible US Galaxy users can now buy, hold and transfer USDC on Solana inside the app. Samsung first announced the feature on October 7 and had expected a launch in the last week of October.
About 82 million US Galaxy devices are compatible, a measure of potential reach rather than the number of users who have activated accounts. Users must be at least 18, have a Samsung Account and run Android 13 or later. New York residents are excluded. Users need neither a separate crypto app nor their own private keys.
Samsung does not charge a transfer fee when users send USDC to another Samsung Wallet user or a compatible external crypto wallet. Users can also send money to qualifying bank accounts in more than 60 countries, with fees varying by destination.
Bastion, a licensed stablecoin custodian and infrastructure provider, runs the accounts and transfer infrastructure, while Coinbase holds the USDC as sub-custodian through Coinbase Prime Vault. Samsung and Coinbase already partnered in October 2025, when US Galaxy users gained the ability to fund Coinbase accounts with Samsung Pay.
Woncheol Chai, who leads Samsung’s digital wallet team, said stablecoins “have the potential to make moving money around the world faster and easier.” Samsung said it plans to explore online and in-store stablecoin payments and expansion to other markets, subject to local regulation.
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