Samsung Electronics plans to embed USDC transfers on Solana into Samsung Wallet and Samsung Pay for eligible Galaxy users in the United States, beginning in the final week of October. The service is designed for cross-border remittances and is expected to reach as many as 82 million U.S. Galaxy devices, placing stablecoin payments inside an app already used for cards, passes and other everyday digital credentials.
Samsung said users will be able to buy and sell USDC through integrated fiat on- and off-ramps, then send the dollar-pegged token to compatible external wallets. Rather than requiring a separate cryptocurrency application, the transfer tools will sit within Samsung Wallet, alongside Samsung Pay functions.
The arrangement would give Samsung one of the largest consumer-device distribution channels yet for stablecoin-based international transfers. Its initial focus on remittances targets a use case where users often face conversion fees, intermediary charges and multi-day settlement times through conventional banking routes.
Bank payouts in more than 60 countries
Samsung said the system will also support transfers to eligible bank accounts in more than 60 countries. Recipients on that route would receive funds in their local currency, creating a bridge between USDC transfers and conventional bank accounts.
Fees for bank-account delivery may differ depending on the destination country, Samsung said. The company will not charge users for USDC transfers themselves, although a receiving wallet, exchange or other third-party service could impose separate fees.
Transaction completion times will depend on network conditions, according to Samsung. That distinction may matter for users sending USDC directly to a self-custodied wallet versus those using the bank-payout option, which can involve currency conversion and local payment partners before money reaches the recipient’s account.
Samsung has framed the rollout around making an international transfer feel more like a standard mobile payment. Woncheol Chai, an executive at Samsung Electronics, said sending money abroad should be as simple as using a phone, with the product intended to remove technical steps that can deter first-time crypto users.
The company’s approach relies on integration rather than asking customers to manage every part of a blockchain transaction themselves. Samsung Wallet’s existing security features, including biometric access on supported Galaxy hardware, are expected to protect access to the service. Samsung said the feature will be available on devices running Android 13 or later.
Solana, Sui and Bastion support the transfer system
Samsung said Solana and Sui infrastructure will operate in the background for the transfer function. It did not provide a detailed breakdown of which functions each network will handle, or whether users will be able to select networks during a transfer.
Solana’s role places the launch on a blockchain that has become a major venue for stablecoin activity and low-cost token transfers. Stablecoins are digital tokens designed to maintain a fixed value against an underlying asset, most commonly the U.S. dollar. USDC is designed to track the dollar on a one-to-one basis, making it more practical for payments than assets with large price swings.
Samsung also said the framework will work with Bastion, which it described as a licensed U.S. stablecoin custodian. Custody arrangements are central to services embedded in consumer payment applications, since a company offering integrated buying, selling and transfer functions must determine who controls the assets and how customer balances are safeguarded.
Coinbase will custody USDC held in Samsung Wallet through Coinbase Prime, Samsung said. The deal extends an existing relationship between the two companies. Samsung previously enabled U.S. Galaxy users to fund Coinbase accounts through Samsung Pay, connecting the phone maker’s payment tool to a major crypto trading platform.
The new service moves beyond account funding by incorporating stablecoin storage and transfers within Samsung’s own wallet environment. That could reduce the number of separate apps needed by users who want to acquire USDC, send it abroad and convert it into local currency at the receiving end.
A consumer rollout with regulatory limits
The planned U.S. launch comes with clear geographic limits. Samsung said it intends to bring the service to additional markets only where local regulations allow it, and it did not set a timetable for international expansion.
That qualification is particularly relevant for remittances. A transfer system can reach users in many countries only if it can meet local rules on custody, payment services, customer verification, money transmission and digital-asset activity. Samsung’s proposed bank-transfer route also depends on whether recipients and financial institutions in each destination market are eligible.
The company has not said which countries will be included among the more than 60 markets for bank-account payouts, what transaction limits will apply, or whether the transfer feature will be available to every Galaxy owner using a compatible device. Its reference to eligible users indicates that onboarding and compliance checks will likely determine access.
Samsung’s rollout does not eliminate fees across the full remittance chain, particularly where a recipient converts USDC into local currency and receives a bank deposit. Yet the company’s decision to waive its own USDC transfer fee could make its wallet more competitive for users already comfortable with digital-dollar transfers.
The launch also shifts stablecoin payments closer to the mainstream mobile-wallet model: acquiring funds, authorizing a payment and sending value may occur from the same interface used for everyday purchases. Whether that convenience translates into sustained remittance use will depend on availability, payout costs and the reliability of the bank-delivery network after the October debut.
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