BeInCrypto • October 8th 2026, 7:24 AM
Samsung Wallet Brings USDC to 82 Million US Phones, No Crypto App Needed
Key Summary
Samsung Wallet will enable 82 million eligible US Galaxy devices to send USDC abroad without a separate crypto app, starting in October. Users must pass identity checks first. The service is powered by Coinbase and uses the stablecoin as a means to reduce remittance costs. While Samsung Wallet users will not face fees for sending USDC, the savings case remains open as bank transfer fees vary by destination and amount.
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Introduction
Samsung Wallet will allow eligible US Galaxy devices to send USDC abroad without a separate crypto app, starting in October. This feature will enable users to send money across borders using USDC on Solana.Technical Details
The service is powered by Coinbase, which acts as a sub-custodian. Bastion, a licensed custodian, holds the USDC accounts and supplies the payment infrastructure. In practice, Bastion entrusts the USDC itself to Coinbase, which stores it in its Prime Vault.Benefits and Limitations
Users can send USDC from Samsung Wallet to crypto wallets abroad without a Samsung fee. However, the savings case for Samsung Wallet users remains open as bank transfer fees vary by destination and amount. Additionally, the service covers transfers only, and tap-to-pay in stores remains a future plan.Market Impact
Samsung Wallet moves stablecoins out of exchange apps and into an app that ships on Galaxy phones. If US users adopt this service, rival wallets may face pressure to follow. Meanwhile, the partnership with Solana has raised questions about the future of stablecoins.#Bitcoin#US#USDC#Samsung#Crypto#Coinbase#Solana#Sui