The Stablecoin Account feature within Samsung Wallet now grants qualifying American Galaxy device owners the ability to purchase, store, and transfer USDC utilizing the Solana network, as indicated in a press release issued on Thursday.
Samsung initially revealed this capability on October 7, with the rollout initially anticipated during the final week of that month.
The announcement noted that roughly 82 million Galaxy smartphones and devices in the United States support the integration. Participants need to be minimum 18 years of age, maintain a Samsung Account, and possess a supported gadget operating on Android 13 or a newer version. Individuals living in New York are left out of the release.
“For ten years, stablecoins have demonstrated that the underlying tech is functional,” stated Lily Liu, President of the Solana Foundation. “The missing piece was a bridge to mass adoption.”
Participants have the option to transfer USDC to alternative Samsung Wallet accounts or supported third-party digital asset wallets absent of any Samsung transfer charges. Qualified individuals are also capable of routing funds to eligible bank accounts across more than 60 nations, where beneficiaries obtain regional fiat currency, with costs differing depending on the target location.
Bastion and Coinbase handle custody
Regulated stablecoin infrastructure platform and custodian Bastion manages the stablecoin accounts alongside the transfer mechanisms, whereas Coinbase secures the USDC via its sub-custodian service utilizing Coinbase Prime Vault.
Coinbase and Samsung already maintained a collaborative relationship prior to this rollout. Back in October 2025, Samsung broadened its alliance with Coinbase to enable U.S. Galaxy owners to deposit funds into Coinbase profiles directly through Samsung Pay.
The fresh Stablecoin Account functionality from Samsung permits customers to interact with USDC directly without needing to download a standalone digital currency application or handle secret recovery phrases manually. The enterprise mentioned it additionally plans to investigate digital and physical store stablecoin checkout options, alongside a broader rollout to extra regions, contingent upon regional compliance.
“Stablecoins hold the capability to accelerate and simplify global financial transfers, and our goal is to empower Galaxy participants to leverage those benefits minus the friction associated with standard cryptocurrency applications,” remarked Woncheol Chai, Executive Vice President and Head of the Digital Wallet Division within the Mobile eXperience (MX) Division at Samsung Electronics.
Originally published at https://www.theblock.co/news/business/2026-11-05-samsung-wallet-launches-usdc-accounts-solana-us-galaxy-users-434523.
