Samsung Wallet Taps Solana for USDC Transfers on 82M US Galaxy Devices

In brief

• Samsung Wallet and Samsung Pay will support stablecoins on Solana, letting U.S. users send USDC across borders from the last week of October, the Solana Foundation said.
• The feature will launch on 82 million U.S. Galaxy devices, with built-in conversion to and from local currency.
• Samsung said in July that its wallet would add stablecoin support, but did not name an issuer, a blockchain or a launch date.

Samsung Wallet will let U.S. users send Circle's USDC stablecoin across borders on Solana starting in the last week of October, the Solana Foundation announced Wednesday.

The feature, which also extends to Samsung Pay, will be available on 82 million U.S. Galaxy devices at launch. Built-in fiat on- and off-ramps will convert to and from local currency, with Solana's infrastructure operating "behind the scenes," according to the release.

"Stablecoins have the potential to make moving money around the world faster and easier, and we want Galaxy users to be able to take advantage of that without having to navigate the complexity of traditional crypto tools," said Woncheol Chai, head of the digital wallet team at Samsung Electronics' mobile business.

"Samsung's decision to work with Solana puts digital dollars into everyday life through one of the world's most trusted technology brands," said Lily Liu, president of the Solana Foundation.