- Samsung announced at Galaxy Unpacked in London on July 22 that Samsung Wallet will add native stablecoin support, showing a mockup with Circle’s USDC.
- The move builds on a 2019 Knox-based crypto wallet, 2021 hardware wallet support, and an October 2025 Coinbase integration that reached 75 million U.S. Galaxy owners.
- The announcement landed alongside the Galaxy Card, Samsung’s first credit card with Barclays and VISA, as the global stablecoin supply sits near $310 billion under the year-old GENIUS Act.
Samsung said at Galaxy Unpacked in London on July 22 that Samsung Wallet will 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.
“Samsung Wallet will expand beyond cash and savings. It will embrace new forms of digital value, including stablecoins,” said Samsung’s product 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. Samsung showed a wallet mockup holding Circle’s USDC, the second-largest stablecoin by market value, without confirming Circle as a partner.
Samsung has 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, Samsung let Galaxy owners link hardware wallets like the Ledger Nano S directly to that vault. Last October, Samsung expanded a deal with Coinbase that put crypto purchases inside Samsung Wallet for 75 million U.S. Galaxy owners.
“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 the Galaxy Card, Samsung’s first U.S. credit card issued by Barclays on the Visa network.
The card offers 5% cash back on Samsung purchases and 3% on Samsung Wallet transactions. Visa’s Kirk Stuart said the card reflects how “consumers expect payments to be embedded into the digital experiences they use every day.”
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