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 to 800 million new Galaxy smartphones through Samsung Wallet, including savings and payment accounts pegged to fiat currencies. The relevant features may cover tokens such as USDC.
The plan is based on Samsung's existing crypto wallet infrastructure and 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布局. As South Korea is drafting the "Digital Assets 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 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布局. As South Korea is drafting the "Digital Assets Basic Act," Samsung's initiatives encompass support for both USD- and KRW-denominated stablecoins.
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