Crypto News
Samsung is adding USDC support to Samsung Wallet, with transfers to compatible crypto wallets and eligible bank accounts in more than 60 countries, powered by Solana. The company also plans to enable crypto payments through Samsung Pay.
Why it matters
The integration would bring USDC transfers into a widely used consumer wallet, connecting stablecoin payments with Samsung’s existing wallet and payment products. The announced reach spans more than 60 countries, though bank-account transfers are limited to eligible accounts.
Market impact
Solana will power the transfers, giving the network a role in the payment experience. Samsung says it may expand stablecoin features further, but the announced plans do not specify which additional capabilities or when they will launch.
Frequently asked questions
-
Where can Samsung Wallet users send USDC?
Users will be able to send USDC to compatible crypto wallets and eligible bank accounts in more than 60 countries.
-
Which blockchain will power USDC transfers in Samsung Wallet?
Solana will power the USDC transfers.
-
How does Samsung Pay fit into the announcement?
Samsung plans to allow crypto payments through Samsung Pay.
-
Are bank-account transfers available to every user?
No. Samsung's announcement refers to eligible bank accounts, so availability is limited to qualifying accounts.
-
What further stablecoin features has Samsung announced?
Samsung has indicated it may allow additional stablecoin features, but has not specified what they will be.
CoinDesk
TheBlock
Crypto Rank News
CoinTelegraph
CryptoSlate
CZ Binance
WuBlockchain