Deployments · platform by Samsung Electronics

Samsung Wallet Stablecoin AccountNew

A feature of Samsung Wallet letting eligible US Galaxy users buy, hold, send and receive USDC on Solana directly from their phone, without a separate crypto app or managing private keys, and send to qualifying bank accounts in 60+ countries with local-currency conversion. Bastion is the licensed stablecoin custodian and infrastructure partner; Coinbase is USDC sub-custodian via Coinbase Prime Vault. Announced 7 October 2026 and live from 5 November 2026 for US Galaxy users 18 and over on Android 13+ devices (New York residents excluded).

Live (limited) since 5 Nov 2026^[1]i · Reviewed 1d ago i

Assets

Stablecoin^[1]

USDC held and sent in the wallet

Networks

Solana Public, permissionless^[1]

Use cases i

Payments^[1]

Jurisdictions

United States

Participants

• Samsung ElectronicsPlatform provider, Operator^[1]South Korea
• Bastion PlatformsCustodian, Technology provider^[2]United States
• CoinbaseCustodian^[1]United States
• CircleIssuer^[1]United States
• StripeCash leg provider^[3]United States
• BridgeCash leg provider^[3]United States
• CoinflowCash leg provider^[3]United States

Likely relevant regulation i

• US federal banking agencies' framework for bank crypto-asset, stablecoin and tokenisation activitiesUnited States
• GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act)United States

Assets

• Settles inUSD Coin (USDC)^[1]

Timeline

1. Happened 5 Nov 2026 · Launch · recorded 7 Nov 2026
   Stablecoin Account goes live in Samsung Wallet for eligible US Galaxy users.^[1]
2. Happened 7 Oct 2026 · Announcement · recorded 7 Nov 2026
   Samsung and Bastion announce the Stablecoin Account for Samsung Wallet.^[2]

Sources i