Samsung Wallet puts USDC on Solana in front of ~82 million U.S. Galaxy devices
Stablecoin Account is live: buy, hold, send USDC in the wallet app, with Bastion custody and Coinbase as sub-custodian — no separate crypto app.

TL;DR
- Samsung Wallet's Stablecoin Account went live on Nov. 2, 2026 for eligible U.S. Galaxy users, settling USDC transfers on Solana, according to Solana.com.
- About 82 million compatible Galaxy devices in the U.S. can access the feature; users must be 18+, on Android 13+, and New York residents are excluded (Solana.com, The Block).
- Bastion provides licensed custody and remittances; Coinbase is sub-custodian via Coinbase Prime Vault (Bastion, Solana.com).
- Users can send USDC to other Samsung Wallet users or external wallets with no Samsung transfer fee, and send money to bank accounts in more than 60 countries (The Block).
Stablecoins just got a phone-native front door. Samsung Wallet's Stablecoin Account went live on Nov. 2, 2026, letting eligible U.S. Galaxy users buy, hold, send and receive USDC on Solana inside the wallet app they already use — with no separate crypto app and no private keys to manage, according to Solana.com.
Who can use it
The feature reaches approximately 82 million compatible Galaxy devices in the United States, Solana.com and The Block reported. Users must be at least 18, have a Samsung Account, and run Android 13 or later on a compatible device. New York residents are excluded. Samsung first announced the product on Oct. 7, 2026, with availability expected for late October 2026 (Oct. 26–31); the Nov. 2, 2026 go-live confirms that window.
Custody, networks and remittances
Bastion is the licensed stablecoin custodian and infrastructure partner. Coinbase holds USDC as Bastion's sub-custodian through Coinbase Prime Vault, Bastion's Oct. 7 press release and Solana.com both state. Transfers settle on Solana at launch; Bastion had also named Sui as a planned network.
Users can send USDC to other Samsung Wallet users or compatible external wallets at no Samsung transfer fee (other providers' fees may apply). Eligible users can also send money to qualifying bank accounts in more than 60 countries, with recipients able to receive local currency; fees and availability vary by destination, The Block reported.
Solana Foundation President Lily Liu said stablecoins had "proved the technology works" for a decade but "lacked was a way to reach the mainstream." Samsung's Woncheol Chai said the goal is useful experiences without "the complexity of traditional crypto tools."
What it means for Web3 teams – Analysis
This is distribution, not a new chain feature. Custody is outsourced, keys are invisible, and New York is carved out — classic regulated consumer rollout. Teams pitching remittance or merchant rails should treat Samsung as a distribution channel with partner SLAs, not as an on-chain protocol they control. Not investment advice.
FAQ
When did Samsung Wallet's Stablecoin Account go live?
Solana.com says the Stablecoin Account went live on Nov. 2, 2026 for eligible U.S. Galaxy users. The Block covered the confirmation on Nov. 5, 2026.
Which chain does it use?
USDC transfers settle on Solana at launch, according to Solana.com and The Block. Bastion had also listed Sui as planned network support.
Who holds the USDC?
Bastion provides licensed custody; Coinbase is the USDC sub-custodian via Coinbase Prime Vault, Bastion and Solana.com state.
Can New York residents use it?
No. Solana.com and The Block both say the Stablecoin Account is not available to New York residents.
Sources
News summary based on the sources above. Not investment, legal or tax advice. Editorial policy & corrections · Report an error
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