Samsung Wallet offered stablecoin accounts to eligible Galaxy users in the United States, supporting USDC on Solana, according to Decrypt reporting cited in PANews’ November 6, 2026 roundup. The reported rollout covered approximately 82 million compatible devices, but was not available in New York State.
From funding an account to withdrawing money
The service was built with custody provider Bastion and Coinbase. The report outlined three key parts of the payment journey:
- Funding by credit card: A 4% fee applied to credit-card top-ups.
- Transferring funds: The service supported fee-free transfers.
- Cashing out: Users could withdraw to bank accounts in more than 60 countries.
The distinction matters: fee-free transfers did not mean every step was free. Users funding an account by credit card still faced the stated 4% charge. The supplied report did not specify bank-withdrawal fees, settlement times or transaction limits.
Availability was not the same as payment acceptance
The reported device coverage described potential access on compatible Galaxy devices—not the number of active accounts or merchants accepting USDC. Eligibility restrictions also applied, including the exclusion of New York State at the time of reporting.
Samsung planned to explore further stablecoin-payment uses and applications in other markets. Those plans were not confirmation that additional markets or payment features were already available.
Original publication: November 6, 2026, at 17:36:56 UTC+08:00. Source: PANews roundup, citing Decrypt.