Samsung goes live with
$USDC on
@solana
@Samsung Wallet has launched USDC stablecoin accounts for eligible U.S. Galaxy users, with Solana
$SOL and
@SuiNetwork $SUI as key networks.
The feature went live on or around November 5, 2026 (announced October 7, 2026, with a late-October target). It is built directly into Samsung Wallet (also tied to Samsung Pay in some announcements) so users do not need a separate crypto app or to manage private keys.
What it does: Eligible users can buy, hold, send, and receive Circle’s USDC. They can also do international remittances and optionally earn rewards on balances.
Scale: Available across roughly 82 million compatible U.S. Galaxy devices (devices that support Samsung Wallet, not necessarily active users).
Networks: Solana is the primary highlighted rail for transfers (with infrastructure running “behind the scenes”). Sui has also been named as a network partner.
Custody & partners:
@Bastion (licensed custodian and infrastructure provider) handles the accounts and money movement; Coinbase acts as sub-custodian via Coinbase Prime Vault.
Samsung does not hold customer funds and is not a bank, money transmitter, or custodian. Other partners (e.g., Stripe/Bridge for on-ramps, Coinflow for withdrawals) handle conversions.Samsung
Eligibility: U.S. residents 18+, with a Samsung Account, on a compatible Galaxy device running Android 13 or higher with fingerprint authentication. Identity verification (including possible ID and selfie) and biometrics are required. Currently unavailable to New York residents. Only one account per person.
Transfers:To other Samsung Wallet users (via Samsung Account email) or compatible external crypto wallets:
No Samsung transfer fee (recipient side may charge; speed depends on network conditions).
To bank accounts in 60+ countries: Recipient receives local currency (no crypto wallet needed on their end); fees apply and are shown in-app before confirmation.
Withdrawals to own bank account or debit card (converted to USD) also have fees.
Samsung has signaled future possibilities including online and in-store (tap-to-pay) stablecoin payments, plus expansion to more markets subject to local rules.
This is a notable consumer distribution push for USDC and Solana and SUI, embedding dollar stablecoins into a pre-installed wallet used for cards, passes, and IDs.
Official details are in Samsung’s announcement and the Samsung Wallet Stablecoin Account FAQs.