Samsung Wallet to Support Native Stablecoins: A Potential Game-Changer for Crypto

Samsung has announced that its Wallet will soon support native stablecoins, which could give one issuer control over 800 million users.

The news was revealed in a recent recap of the Galaxy Unpacked event, where Samsung outlined its roadmap for updates to Wallet. The company mentioned that it would add native stablecoin capability on smartphones, but did not provide any further details.

The introduction of stablecoins to Samsung Wallet could have significant implications for the crypto market. A native flow for holding, sending, and receiving stablecoins could make Samsung Wallet a major distribution surface for the selected stablecoin and rails.