
Season 2 · Episode 26
Samsung Wallet to Add USDC: Stablecoins Built Into 82M Galaxy Phones
Summary
Samsung announced on Oct 7, 2026 that Samsung Wallet will add USDC for eligible U.S. Galaxy users starting the last week of October, putting stablecoin accounts inside the wallet on 82 million compatible U.S. devices, with no extra app and no private keys to manage.
USDC is the first and only stablecoin at launch. The accounts run on Bastion, with Coinbase as sub-custodian through Coinbase Prime Vault, and Solana and Sui provide network support. Samsung says it is not a bank, money transmitter, or custodian. Users will be able to send USDC to compatible crypto wallets with no Samsung transfer fee, and to bank accounts in more than 60 countries in local currency, with fees that vary and are shown in the app. Paying online or by tapping in store is only a possible future feature. It isn't live yet, and Samsung hasn't disclosed remittance fees or FX spreads.
In this OnlyFintechs episode we cover what Samsung announced and what is still unknown:
- Why distribution is the moat when the wallet ships on the phone
- Who does what: Samsung, Bastion, Coinbase, Solana and Sui, and why Circle isn't named
- Remittances first, payments later, and why the fee screens matter
- The regulatory timing, with stablecoin rules still being finalized
- From Samsung's self-custody Blockchain Keystore to a KYC'd custodial account
Keywords: Samsung Wallet, Samsung, USDC, stablecoins, Bastion, Coinbase, Coinbase Prime, Solana, Sui, Galaxy, cross-border payments, remittances, digital wallet, stablecoin custody.
#SamsungWallet #USDC #Stablecoins #Payments #Crypto #Remittances #Fintech #PodcastDrop

