Samsung Wallet enables USDC transfers on Solana for eligible US Galaxy devices
Samsung Electronics said its Wallet and Pay apps will support USDC transfers on Solana for eligible US users starting in the last week of October 2026. The feature covers 82 million compatible Galaxy devices and lets users send USDC to external wallets or convert it to local currency for deposit in over 60 countries. Samsung will not charge a fee for sending USDC to external wallets, though network and recipient-side fees may still apply.
Samsung's October 7, 2026 announcement said its Wallet and Pay apps would add USDC transfers on Solana for qualifying US users, with launch set for the final week of October. The company cited 82 million compatible Galaxy phones. Users must be at least 18, complete identity checks, use biometric confirmation, and run Android 13 or newer.
The setup relies on Solana for blockchain movement, Bastion for a licensed stablecoin framework, and Coinbase as sub-custodian holding the assets. Sui is also named as a supporting chain, though Solana is the launch network. Solana's stablecoin supply rose nearly 20% year over year and reached $17.51 billion in September 2026, with over $5.25 trillion in stablecoin volume that year.
The feature could make dollar-denominated transfers more accessible to eligible Galaxy owners, especially people sending money across borders or converting stablecoins into local bank deposits. It may reduce some friction by placing crypto tools inside familiar phone software, though identity checks, device requirements, and possible network or recipient fees could limit who benefits. Wider effects may depend on regulatory approval in other markets and whether users trust stablecoin payments.