Samsung Wallet Integrates USDC on Solana for U.S. Galaxy Users
Samsung has officially launched its 'Stablecoin Account' feature within Samsung Wallet, allowing eligible Galaxy users in the United States to buy, hold, and transfer USDC via the Solana blockchain. The integration aims to simplify crypto usage by embedding digital assets alongside traditional payment methods like credit cards and IDs, removing the need for separate apps or private keys. The rollout targets approximately 82 million compatible devices in the U.S., though New York residents are currently excluded. To facilitate the service, Samsung partnered with Bastion for infrastructure and utilizes Coinbase Prime Vault as a sub-custodian. The company plans to eventually explore broader applications, including online and in-store stablecoin payments.
Tickers: $SOL
Topics: Blockchain Adoption Digital Assets Mobile Payments Stablecoins