Samsung Wallet To Add Native Stablecoin Support At Galaxy Unpacked
Samsungannounced at Galaxy Unpacked in London on July 22 thatSamsung Walletwill add native stablecoin support, showing a mockup withCircle’sUSDC. The move builds on a 2019 Knox-based crypto wallet, 2021. . .
Samsungannounced at Galaxy Unpacked in London on July 22 thatSamsung Walletwill add native stablecoin support, showing a mockup withCircle’sUSDC. The move builds on a 2019 Knox-based crypto wallet, 2021 hardware wallet support, and an October 2025Coinbaseintegration that reached 75 million U. S. Galaxy owners. The announcement landed alongside theGalaxy Card,Samsung’sfirst credit card withBarclaysandVISA, as the global stablecoin supply sits near $310 billion under the year-old GENIUS Act. Samsungsaid at Galaxy Unpacked in London on July 22 thatSamsung Walletwill add native support for stablecoins, placing digital dollars next to payment cards and boarding passes. The company did not name a launch date, an issuer, or which blockchain the tokens would run on. - Advertisement -“Samsung Wallet will expand beyond cash and savings. It will embrace new forms of digital value, including stablecoins,”saidSamsung’sproduct manager Lee Dinham on stage. He added that the move would make the company one of the first major smartphone brands to offer native stablecoins. Stablecoins are tokens designed to hold a steady value, usually $1, backed one-to-one with cash or short-term government debt. Samsungshowed a wallet mockup holdingCircle’sUSDC, the second-largest stablecoin by market value, without confirmingCircleas a partner. Samsunghas not specified whether the feature will be custodial, where a third party holds funds, or non-custodial, where users control their own private keys. The company built crypto storage into Galaxy phones back in 2019 through Knox, a hardware-isolated vault unlocked by PIN or fingerprint. In 2021,Samsunglet Galaxy owners link hardware wallets like theLedger Nano Sdirectly to that vault. Last October,Samsungexpanded a deal withCoinbasethat put crypto purchases insideSamsung Walletfor 75 million U. S. Galaxy owners. - Advertisement -“Samsung Wallet is a trusted tool to millions of Galaxy users,”said Drew Blackard, the company’s senior vice president of mobile product management, of that deal. The stablecoin plan landed alongside theGalaxy Card,Samsung’sfirst U. S. credit card issued byBarclayson theVisanetwork. The card offers 5% cash back onSamsungpurchases and 3% onSamsung Wallettransactions. Visa’sKirk Stuart said the card reflects how“consumers expect payments to be embedded into the digital experiences they use every day. ”✅ FollowBITNEWSBOTonTelegram,Facebook,LinkedIn,X. com, andGoogle Newsfor instant updates. Previous Articles:EU sanctions HTX, Huobi for aiding Russia’s war machineCrypto groups urge Senate to pass CLARITY Act before August recessBlueNoroff uses typosquatted Zoom domains in phishingMETA Stock Dips Below $600; Wedbush Sets $671 TargetWorld Foundation Raises $52. 5M for Sam Altman’s ‘Proof of Human’Stay in the Loop🔥Join 1. 2K Smart TradersGet exclusive crypto insights, breaking news, and market analysis delivered straight to your inbox. No fluff, just facts.