Samsung Wallet goes live with USDC on Solana for U.S. Galaxy users

Summary

Samsung's Stablecoin Account is now live in Samsung Wallet, letting eligible U.S. Galaxy users buy, hold, send and receive Circle's USDC on Solana without a separate crypto app or managing private keys, The Block and Decrypt reported Thursday.

Both outlets said about 82 million compatible Galaxy devices in the U.S. can use the feature, which Samsung first announced on Oct. 7; The Block said launch had originally been expected in the last week of October.

Custodian Bastion runs the accounts and transfer infrastructure, while Coinbase holds the USDC as sub-custodian through Coinbase Prime Vault.

Transfers to other Samsung Wallet users and compatible external wallets carry no Samsung fee, and payouts to bank accounts in more than 60 countries are supported with destination-based fees; Decrypt reported that credit-card top-ups cost 4%.

Users must be 18 or older with Android 13 or later, New York residents are excluded, and Samsung said it expects to explore online and in-store stablecoin payments and other markets, subject to local regulation.

Key facts

• Solana Foundation President Lily Liu: "For a decade, stablecoins have proved the technology works. What they lacked was a way to reach the mainstream." (The Block)
• Decrypt said Samsung's disclosures stress the account is a crypto wallet, not a bank account, and that withdrawals to a bank account or debit card also carry a fee. (Decrypt)
• Decrypt reported that new users who make a first top-up of $50 or more can receive $25 in USDC. (Decrypt)
• The Block noted Samsung expanded its Coinbase partnership in October 2025 to let U.S. Galaxy users fund Coinbase accounts with Samsung Pay. (The Block)

Related stories

• Binance sets aside $6.34 billion to cover record hack as TRM and Chainalysis tie it to North Korea's TraderTraitor
• DTCC will plug its tokenized stocks, ETFs and Treasuries into Solana in the second half of 2027
• Formation plans the first Solana tokenized stock venue under the SEC's exemption, with Galaxy, Exodus and Forward signed on