Samsung Wallet Adds Stablecoin Support in Bid to Expand Crypto Services

Samsung is expanding its wallet app to support stablecoins, marking a significant step in the company's efforts to integrate cryptocurrencies into everyday transactions. The move follows Samsung's long-standing crypto strategy, which includes its hardware-backed crypto wallet and recent integration with Coinbase One in the U.S.

The addition of stablecoin support will allow users to manage new forms of digital value alongside payments and rewards. Although Samsung did not confirm partnerships with any stablecoin issuers, it showcased a wallet interface featuring Circle's USDC during its Galaxy Unpacked event.