Samsung Wallet is set to introduce a new feature allowing eligible Galaxy device owners in the U.S. to send USDC stablecoins starting in late October 2026. This update will be available on 82 million compatible devices, enabling users to transfer USDC to crypto wallets or overseas bank accounts. The service aims to simplify international money transfers by integrating them into Samsung’s existing digital wallet app.
Users will have two options: sending USDC directly to compatible crypto wallets without a Samsung transfer fee, or transferring money to eligible bank accounts in over 60 countries. Bank transfers will incur fees, and recipients will receive funds in their local currency. The feature is powered by partners like Bastion and Coinbase, with blockchain support from Solana and Sui.
Samsung Wallet requires biometric authentication for every USDC transfer, ensuring security through device registration and identity verification. The company emphasizes that it does not act as a bank or custodian, relying instead on its partners for stablecoin management and compliance. Users should be aware of potential fees and exchange rates before initiating transfers, as these factors will determine the cost-effectiveness compared to other services.
The launch follows the GENIUS Act of July 2025, which established a regulatory framework for payment stablecoins. Samsung also hinted at future plans to enable stablecoin payments for online and in-store purchases, though no timeline has been announced for these features.