Samsung will add USDC cross-border transfers to Samsung Wallet starting in the last week of October, letting eligible U.S. Galaxy users send the stablecoin to compatible crypto wallets abroad or eligible bank accounts in more than 60 countries, according to a statement from Solana announcing its partnership with Samsung.
The feature will be available on 82 million Galaxy devices across the United States and will work within the existing Samsung Wallet app, which is already used for cards, IDs and boarding passes. "Sending money abroad should feel as convenient as using the wallet already on your phone," said Woncheol Chai, Samsung Electronics' head of its digital-wallet team. "We're bringing USDC transfers into Samsung Wallet so eligible Galaxy users can get started without installing another app or managing private keys themselves."
How the infrastructure is split
- Solana and Sui provide the underlying blockchain network support.
- Coinbase custodies the stablecoin through Coinbase Prime Vault.
- Bastion supplies the regulated stablecoin infrastructure.
