Samsung Wallet will let users in the United States send Circle’s USDC stablecoin across borders on Solana starting in the last week of October, the Solana Foundation said Wednesday. The feature will also extend to Samsung Pay.
At launch, the service will be available on 82 million U.S. Galaxy devices, according to the announcement. Samsung said built-in fiat on- and off-ramps will let users convert to and from local currency, while Solana’s infrastructure operates behind the scenes.
“Stablecoins have the potential to make moving money around the world faster and easier, and we want Galaxy users to be able to take advantage of that without having to navigate the complexity of traditional crypto tools,” said Woncheol Chai, head of the digital wallet team at Samsung Electronics’ mobile business.
Lily Liu, president of the Solana Foundation, said, “Samsung’s decision to work with Solana puts digital dollars into everyday life through one of the world’s most trusted technology brands.”
What Samsung previously disclosed
Samsung said at its Galaxy Unpacked event in London in July that Samsung Wallet would add native stablecoin support, and it showed a mockup featuring USDC. At the time, the company did not disclose a launch date, an issuer, or the blockchain it planned to use.
The new release identifies Solana and USDC, but it does not say whether Circle is a partner. It also does not specify whether users will hold their own keys or what transfers will cost.
Solana’s stablecoin figures
According to the Solana Foundation, stablecoin supply on Solana is up nearly 20% year over year. The network has processed more than $5.25 trillion in stablecoin volume in 2026.
The foundation also cited PayPal and Western Union as enterprises already using Solana for stablecoins. Visa, it said, has also used USDC on Solana for payment settlement.
Samsung and Solana’s earlier crypto efforts
Samsung launched a blockchain wallet for Galaxy phones in 2019. It later added crypto support on the Galaxy S20, Stellar integration, and hardware wallet connections. Last October, Samsung brought Coinbase into Samsung Wallet for 75 million U.S. users.
Solana Mobile, the network’s smartphone unit, released the Saga in 2023 and the Seeker last year. It airdropped its SKR token to Seeker users, but not to Saga owners.
Reaction from Solana insiders
After the announcement, Multicoin Capital co-founder Kyle Samani wrote, “99% of people thought that [Yakovenko]’s initiatives around phones were dumb. I also thought the same thing for a while,” adding that “the early work on the Solana Mobile Stack” made the Samsung deal possible.
Solana co-founder Anatoly Yakovenko replied: “99/100 founder led initiatives are dumb. Doing nothing is also dumb. That’s basically why startups are hard.”
U.S. first, more markets later
The release says additional markets will follow the U.S. launch, subject to local regulatory requirements.