Samsung is putting a stablecoin in the same app where people keep their boarding passes. On October 7, 2026, Samsung Electronics said its Wallet and Pay apps will support USDC transfers on the Solana blockchain for eligible US users.
The rollout is scheduled for the last week of October. It covers 82 million compatible Galaxy devices.
How the Samsung Wallet USDC feature works
USDC is a stablecoin, a digital token designed to track the US dollar one for one.
Inside Samsung Wallet, eligible users will be able to send USDC to external wallets that accept it. They can also convert it into local currency and deposit it into bank accounts in more than 60 countries.
Samsung says it will not charge a fee for sending USDC to external wallets. That is not the same as free, though. Network fees or fees on the recipient’s side may still apply.
Access comes with guardrails. The service is limited to US residents who are 18 or older. Users must pass identity verification and confirm transactions with biometric authentication.
The feature requires a compatible device running Android 13 or later.
The partners behind the curtain
Samsung is not building the plumbing alone. Solana provides the blockchain infrastructure that moves the tokens, while Bastion supplies a licensed stablecoin framework for the payment service.
Coinbase serves as sub-custodian of the USDC. A custodian is the party that actually holds the assets, so Coinbase handles safekeeping while Samsung owns the front end.
Sui is also listed as a supporting blockchain partner. Solana, however, is the chain named for the USDC transfers at launch.
Solana’s stablecoin numbers
The deal lands as Solana’s stablecoin business has been expanding. Stablecoin supply on the network grew by nearly 20% year over year.
Solana processed more than $5.25 trillion in stablecoin transaction volume in 2026. Its stablecoin supply also hit a record $17.51 billion in September 2026.
The announcement did not come out of nowhere. In July 2026, Samsung teased that stablecoin features were coming but did not reveal which blockchain or which issuer it would use.
That left about three months of speculation. The October reveal answered both questions: USDC as the stablecoin and Solana as the rails.
The news has also fed bullish commentary. A Motley Fool contributor pointed to the integration in a piece titled “Here’s Why I’m Buying Solana Right Now.”
What this means for Solana, USDC, and payments
The most important number here is 82 million. Crypto companies have spent years trying to coax consumers into downloading new apps and opening new accounts. Samsung is skipping that step by putting stablecoin transfers into software already installed on its phones.
Cross-border transfers look like the clearest use case. The ability to cash out into local bank accounts in more than 60 countries targets that pain point directly.
The service is US-only at launch, and expansion to other markets depends on local regulations.
The eligibility rules will also narrow the audience. Not all 82 million device owners will be adults who pass identity checks, run Android 13 or later, and actually want to send stablecoins.
Samsung waiving its own charge is helpful, but users may still see network or recipient-side costs.
Disclosure: This article was edited by Kaye Quema. For more information on how we create and review content, see our Editorial Policy.