Samsung smartphone users to send USDC abroad

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International transfers without a separate app

The new service will be integrated directly into Samsung Wallet. Users will not need to install additional apps or manage private keys themselves to use USDC.

The system will also allow users to convert fiat currencies into USDC and vice versa. In addition to Solana, the technical infrastructure will involve the Sui blockchain. Bastion, a licensed stablecoin custody provider in the U.S., is also partnering on the project.

Samsung does not plan to charge fees for USDC transfers, although receiving wallets and cryptocurrency exchanges may impose additional charges. Transaction speeds will depend on network conditions.

Galaxy users will also be able to send money to bank accounts in more than 60 countries. Recipients will receive funds in their local currencies, while transfer fees will vary depending on the destination.

Samsung expands its partnership with Coinbase

The launch of USDC transfers will mark a new stage in Samsung's partnership with cryptocurrency exchange Coinbase. In October 2025, the companies expanded their collaboration, allowing U.S. Galaxy users to fund their Coinbase accounts through Samsung Pay.

Coinbase will now be responsible for custodying USDC held in Samsung Wallet through its institutional platform, Coinbase Prime.

Alec Lovett, Head of Infrastructure Products at Coinbase, noted that Samsung's global reach creates new opportunities to bring USDC to mainstream users.

Solana Foundation President Lily Liu also described the integration as an important step toward the everyday use of stablecoins. According to her, solutions like this are transforming digital dollars from a specialized cryptocurrency product into a familiar tool for money transfers.

Samsung plans to expand the service to additional markets in the future. The timing of its international rollout will depend on local regulatory requirements.

Cryptocurrencies are coming to mainstream smartphones

Smartphone manufacturers are increasingly choosing to integrate cryptocurrency features into existing devices rather than develop dedicated blockchain smartphones. Despite efforts by several companies, these specialized devices have failed to gain mass-market adoption. Integrating cryptocurrency wallets and payments into familiar apps appears to be a more promising approach, as users do not need to buy new devices or navigate complex blockchain infrastructure.

The development of payment solutions on Solana is also supporting this trend. The network, long associated primarily with memecoins and speculative trading, is increasingly being used for international transfers and stablecoin settlements. In 2026, stablecoin transaction volume on Solana exceeded $5 trillion. MoneyGram and Western Union have also joined efforts to develop blockchain-based payment infrastructure, highlighting growing interest in blockchain technology among traditional financial companies.

As a reminder, Ledger is launching USDC and USDT loans backed by Bitcoin.

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