Samsung Wallet Expands with Stablecoin Support

Samsung plans to expand its mobile payment service, Samsung Wallet, by adding support for stablecoins. This move aims to position the company as a major player in the blockchain space.

The feature was announced during the Galaxy Unpacked event without revealing specific details such as launch date, supported assets, or markets.

Samsung has been increasing its focus on cryptocurrency-related services, including a partnership with Coinbase that allows users to buy digital currencies directly from Samsung Wallet.