Samsung Plans to Add Native Stablecoin Features to 800 Million Galaxy Phones
2026-08-04 17:23
Odaily News: Samsung plans to add native stablecoin features, including fiat-pegged savings and payment accounts, to 800 million new Galaxy smartphones through Samsung Wallet, with the functionality potentially covering tokens such as USDC.
The plan is based on Samsung's existing crypto wallet infrastructure and the nearly 19 million Samsung Wallet users in South Korea. Samsung intends to integrate payments, rewards, and digital assets into a single ecosystem across 61 countries.
Samsung holds a $408 million stake in Dunamu, the operator of Upbit, and is advancing its digital asset infrastructure strategy. As South Korea drafts its Digital Asset Basic Act, Samsung's initiatives encompass support for both USD- and KRW-denominated stablecoins.
The plan is based on Samsung's existing crypto wallet infrastructure and the nearly 19 million Samsung Wallet users in South Korea. Samsung intends to integrate payments, rewards, and digital assets into a single ecosystem across 61 countries.
Samsung holds a $408 million stake in Dunamu, the operator of Upbit, and is advancing its digital asset infrastructure strategy. As South Korea drafts its Digital Asset Basic Act, Samsung's initiatives encompass support for both USD- and KRW-denominated stablecoins.
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