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Abstracting crypto complexity for mainstream users stories

Nov 5, 2026

Samsung Wallet adds USDC on Solana for 82 million US Galaxy devices

Samsung launched stablecoin accounts in Samsung Wallet for eligible US Galaxy users, supporting USDC on Solana across approximately 82 million compatible devices. The service is built with Coinbase and custodian Bastion.

Nov 5, 2026·5 sources
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Top claims

  • ▪Woncheol Chai, head of Samsung's digital wallet team, stated that Samsung aims to offer faster money movement to Galaxy users without traditional crypto complexity
  • ▪Stripe handles stablecoin purchases for the Samsung Wallet service, while Circle issues the underlying USDC stablecoin
  • ▪Solana Foundation President Lily Liu stated that while stablecoins proved their underlying technology over a decade, they previously lacked a way to reach mainstream consumers

People involved

Lily Liu

Subtopics

Crypto custody1Cryptocurrencies1Institutional crypto adoption1Payments1Solana1Stablecoins1

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