Samsung Wallet launches Stablecoin Account for USDC on Solana
+4 new sources since this summary was written
Samsung Wallet now lets eligible U.S. Galaxy users buy, hold, send and receive USDC on the Solana blockchain. The feature, called Stablecoin Account, is live on roughly 82 million compatible devices and charges no Samsung transfer fee. Custody of the stablecoins is provided by Coinbase and Bastion, and users can also send funds to bank accounts in more than 60 countries.
Why it matters
The rollout gives Samsung a crypto‑payment capability that could boost user engagement and revenue from transaction services. Solana may see higher on‑chain activity as millions of new users begin moving USDC, which could support the token’s network value (tradingview.com notes a potential increase in activity).
Key facts
- 1The Stablecoin Account feature went live on November 5 2026. finance.yahoo.com
- 2It is available on roughly 82 million compatible Galaxy devices in the United States. finance.yahoo.com
- 3USDC is a stablecoin pegged to $1 per token. finance.yahoo.com
- 4All transfers settle on the Solana blockchain. finance.yahoo.com
- 5Samsung does not charge a transfer fee for USDC moves. sammyguru.com
- 6Custody is handled by Coinbase, acting as a sub‑custodian for Bastion. finance.yahoo.com
Summary written by AlphAI AI Desk from 3 of 3 sources. Not investment advice. Figures are as stated by the linked sources.