Samsung Electronics announced plans to introduce support for the USDC stablecoin in Samsung Wallet. The new feature will allow Galaxy device users in the U.S. to transfer stablecoins to crypto wallets and bank accounts in more than 60 countries.
Samsung Electronics America, the U.S. subsidiary of South Korean technology giant Samsung Electronics, announced plans to integrate native USDC support into Samsung Wallet. USDC will appear as the default dollar-denominated asset when users select the Buy Stablecoin feature. The rollout is scheduled for the last week of October 2026.
Initially, the service will be available to U.S. owners of Samsung Wallet-compatible Galaxy devices, a group the company estimates at about 82 million. To use the new feature, users must be U.S. residents over the age of 18, have a Samsung Account, and own a compatible Galaxy device running Android 13 or later. They’ll also need to register for the service, complete identity verification, and set up biometric authentication to authorize transactions.
Users will be able to conduct stablecoin transactions directly within the app without installing third-party crypto wallets and manage their own private keys. At launch, Samsung Wallet will offer 2 main options for international transfers:
USDC transfers to crypto wallets. Users will be able to send stablecoins to compatible external wallets and exchange accounts worldwide. Samsung won’t charge fees for these transactions, although third-party providers may impose their own charges. Transfer processing times will depend on blockchain network congestion.
Transfers to bank accounts. The service will support transfers to eligible bank accounts in more than 60 countries, with the option to receive funds in local currencies. Recipients won’t need a crypto wallet. Fees will vary depending on the destination country and transaction amount. The applicable fees and estimated delivery times will be displayed before users confirm a transfer.
Samsung emphasized that it won’t hold customer assets directly or act as a money transfer operator. These services will be provided by regulated partners. The initiative’s technology partners include:
Coinbase, a cryptocurrency exchange that will serve as the official subcustodian and custodian of users’ USDC through Coinbase Prime Vault.
Bastion, a regulated U.S. provider of stablecoin custody and transfer solutions that will supply the infrastructure for cross-border payments and operate stablecoin accounts within Samsung Wallet.
Samsung is also considering introducing stablecoin payments at online stores and physical retail locations through contactless payments using Galaxy devices. The company may expand the service beyond the U.S., although the timing of launches in new markets will depend on local digital asset regulations.
Samsung previously announced plans to develop infrastructure for stablecoins and AI-powered payments. In addition, the corporation’s IT division, Samsung SDS, secured a contract to develop a tokenized securities platform for the Korea Securities Depository (KSD).
