Odaily Planet Daily reports that Samsung plans to add native stablecoin functionality to 800 million new Galaxy smartphones via Samsung Wallet, including savings and payment accounts pegged to fiat currencies, with potential support for tokens such as USDC. This initiative builds on Samsung’s existing cryptocurrency wallet infrastructure and its nearly 19 million Samsung Wallet users in South Korea. Samsung aims to integrate payments, rewards, and digital assets into a unified ecosystem across 61 countries. Samsung holds a $408 million stake in Dunamu, the operator of Upbit, and is advancing its digital asset infrastructure. South Korea is currently drafting the Digital Assets Basic Act, and Samsung’s initiatives include support for USD- and KRW-denominated stablecoins.
Samsung to Integrate Native Stablecoin Features into 800 Million Galaxy Phones
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Summary
Samsung is introducing native stablecoin features to 800 million Galaxy phones via Samsung Wallet, supporting USD- and KRW-denominated tokens such as USDC. This initiative fosters ecosystem growth by integrating savings, payments, and rewards into a single platform across 61 countries. Samsung’s 19 million Wallet users in South Korea will be the first to benefit. The company also holds a $408 million stake in Dunamu and is advocating for new token listings as South Korea drafts its Digital Asset Basic Act.
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