{"id":624365,"date":"2026-10-08T13:00:10","date_gmt":"2026-10-08T13:00:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/624365\/"},"modified":"2026-10-08T13:00:10","modified_gmt":"2026-10-08T13:00:10","slug":"samsung-wallet-taps-solana-for-usdc-transfers-on-82m-us-galaxy-devices","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/624365\/","title":{"rendered":"Samsung Wallet Taps Solana for USDC Transfers on 82M US Galaxy Devices"},"content":{"rendered":"<p>In brief<br \/>\nSamsung Wallet and Samsung Pay will support stablecoins on Solana, letting U.S. users send USDC across borders from the last week of October, the Solana Foundation said.<br \/>\nThe feature will launch on 82 million U.S. Galaxy devices, with built-in conversion to and from local currency.<br \/>\nSamsung said in July that its wallet would add stablecoin support, but did not name an issuer, a blockchain or a launch date.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Samsung Wallet will let U.S. users send Circle&#8217;s USDC <a href=\"https:\/\/decrypt.co\/?post_type=post&amp;p=5761\" target=\"_blank\" rel=\"noreferrer nofollow noopener\" class=\"sc-adb616fe-0 dJryYS\">stablecoin<\/a> across borders on <a href=\"https:\/\/decrypt.co\/resources\/what-is-solana-a-scalable-decentralized-network-for-dapps\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">Solana<\/a> starting in the last week of October, the Solana Foundation <a href=\"https:\/\/www.prnewswire.com\/news-releases\/samsung-partners-with-solana-to-natively-deliver-stablecoins-in-samsung-wallet-to-82-million-us-galaxy-devices-302901200.html\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">announced<\/a> Wednesday.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">The feature, which also extends to Samsung Pay, will be available on 82 million U.S. Galaxy devices at launch. Built-in fiat on- and off-ramps will convert to and from local currency, with Solana&#8217;s infrastructure operating &#8220;behind the scenes,&#8221; according to the release.<\/p>\n<p lang=\"en\" dir=\"ltr\">BREAKING: Samsung partners with Solana to bring stablecoins to 82 million US Galaxy devices. <\/p>\n<p>Samsung Wallet users in the US will be able to send money across borders using USDC on Solana, beginning the last week of October. <a href=\"https:\/\/t.co\/r5KSR92V58\" data-wpel-link=\"internal\" rel=\"nofollow\">pic.twitter.com\/r5KSR92V58<\/a><\/p>\n<p>\u2014 Solana (@solana) <a href=\"https:\/\/x.com\/solana\/status\/2107994265104339166?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" rel=\"nofollow external noopener\">October 8, 2026<\/a><\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">&#8220;Stablecoins have the potential to make moving money around the world faster and easier, and we want Galaxy users to be able to take advantage of that without having to navigate the complexity of traditional crypto tools,&#8221; said Woncheol Chai, head of the digital wallet team at Samsung Electronics&#8217; mobile business.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">&#8220;Samsung&#8217;s decision to work with Solana puts digital dollars into everyday life through one of the world&#8217;s most trusted technology brands,&#8221; said Lily Liu, president of the Solana Foundation.<\/p>\n<p>Samsung&#8217;s stablecoin plans<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Samsung <a href=\"https:\/\/decrypt.co\/374324\/samsung-wallet-stablecoin-support-usdc\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">said<\/a> at its Galaxy Unpacked event in London in July that Samsung Wallet would add native stablecoin support, showing a mockup holding <a href=\"https:\/\/decrypt.co\/resources\/us-dollar-coin\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">USDC<\/a>. It did not name a launch date, an issuer or a blockchain at the time.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">The release names Solana and USDC, but does not say whether Circle is a partner, whether users will hold their own keys, or what transfers will cost.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Stablecoin supply on Solana is up nearly 20% year over year, and the network has processed more than $5.25 trillion in stablecoin volume in 2026, according to the Foundation, which cited <a href=\"https:\/\/decrypt.co\/232828\/paypal-expands-pyusd-stablecoin-solana\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">PayPal<\/a> and <a href=\"https:\/\/decrypt.co\/346433\/western-union-launch-usdpt-stablecoin-solana\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">Western Union<\/a> as enterprises already using Solana for stablecoins. Visa has also <a href=\"https:\/\/decrypt.co\/155014\/visa-faster-credit-card-payments-usdc-solana\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">tapped USDC on Solana<\/a> for payment settlement.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Samsung launched a <a href=\"https:\/\/decrypt.co\/8382\/samsung-galaxy-blockchain-wallet-ready\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">blockchain wallet<\/a> for Galaxy phones in 2019 and has since added <a href=\"https:\/\/decrypt.co\/19115\/samsungs-new-galaxy-s20-will-have-cryptocurrency-support\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">crypto support on the Galaxy S20<\/a>, <a href=\"https:\/\/decrypt.co\/35643\/samsung-galaxy-phones-support-stellar-blockchain\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">Stellar integration<\/a> and <a href=\"https:\/\/decrypt.co\/70784\/samsung-crypto-hardware-wallets-galaxy-smartphones\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">hardware wallet connections<\/a>. Last October, it <a href=\"https:\/\/decrypt.co\/342859\/samsung-brings-coinbase-access-75m-wallet-users-latest-crypto-embrace\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">brought Coinbase<\/a> into Samsung Wallet for 75 million U.S. users.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Solana Mobile, the network&#8217;s smartphone arm, released the <a href=\"https:\/\/decrypt.co\/126218\/solana-saga-review-web3-smartphone-arrived\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">Saga<\/a> in 2023 and the <a href=\"https:\/\/decrypt.co\/336582\/solana-seeker-review-more-measured-crypto-phone\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">Seeker<\/a> last year, and <a href=\"https:\/\/decrypt.co\/353912\/solana-mobile-airdrop-skr-token-seeker-phone-users-not-saga-owners\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">airdropped<\/a> its SKR token to Seeker users but not Saga owners.<\/p>\n<p><a href=\"https:\/\/myriad.markets\/markets\/sol-vs-silver-which-hits-150-first-3a972677-8d7f-4368-8901-fb03c7a8f9f1\" target=\"_blank\" rel=\"noopener noreferrer nofollow\"><img alt=\"Myriad: SOL vs Silver: Which hits $150 first? Click to make your prediction.\" loading=\"lazy\" width=\"490\" height=\"460\" decoding=\"async\" data-nimg=\"1\" class=\"object-contain object-center w-full\" style=\"color:transparent\"   src=\"https:\/\/www.newsbeep.com\/nz\/wp-content\/uploads\/2026\/10\/Screenshot-2026-10-08-100204.png@webp.webp\"\/><\/a><a href=\"https:\/\/myriad.markets\/markets\/sol-vs-silver-which-hits-150-first-3a972677-8d7f-4368-8901-fb03c7a8f9f1\" data-wpel-link=\"external\" rel=\"nofollow external noopener\" target=\"_blank\">Myriad: SOL vs Silver: Which hits $150 first? Click to make your prediction.<\/a><\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">&#8220;99% of people thought that [Yakovenko]&#8217;s initiatives around phones were dumb. I also thought the same thing for a while,&#8221; Multicoin Capital co-founder Kyle Samani <a href=\"https:\/\/twitter.com\/KyleSamani\/status\/2108017776665469382\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">wrote<\/a> after the announcement, adding that &#8220;the early work on the Solana Mobile Stack&#8221; made the Samsung deal possible.<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Solana co-founder Anatoly Yakovenko <a href=\"https:\/\/twitter.com\/toly\/status\/2108023254736912459\" target=\"_blank\" class=\"sc-adb616fe-0 dJryYS\" rel=\"nofollow noopener\">responded<\/a>: &#8220;99\/100 founder led initiatives are dumb. Doing nothing is also dumb. That&#8217;s basically why startups are hard.&#8221;<\/p>\n<p class=\"font-sans scene:font-noto-sans scene:text-base scene:md:text-lg font-normal text-lg md:text-xl md:leading-9 tracking-px text-text-body gg-dark:text-neutral-100\">Additional markets will follow the U.S. launch, subject to local regulatory requirements, according to the release.<\/p>\n<p>Daily Debrief Newsletter<\/p>\n<p>Start every day with the top news stories right now, plus original features, a podcast, videos and more.<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"In brief Samsung Wallet and Samsung Pay will support stablecoins on Solana, letting U.S. users send USDC across&hellip;\n","protected":false},"author":2,"featured_media":624366,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[342,111,139,69,145],"class_list":["post-624365","post","type-post","status-publish","format-standard","has-post-thumbnail","category-mobile","tag-mobile","tag-new-zealand","tag-newzealand","tag-nz","tag-technology"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/624365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=624365"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/624365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/624366"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=624365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=624365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=624365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}