Key facts
- Samsung Wallet will integrate USDC transfer functionality for eligible US Galaxy users in the last week of October.
- The feature will be available on 82 million compatible Galaxy devices in the US.
- Users will be able to send USDC to compatible crypto wallets globally and to bank accounts in over 60 countries.
- Built-in fiat on- and off-ramps will convert to and from local currency.
- Transfers to external crypto wallets will be free of charge.
- International bank transfers via Samsung Wallet will incur fees.
Samsung Wallet is set to integrate USDC transfer capabilities into its payment application for eligible users in the United States during the final week of October. The feature, which also extends to Samsung Pay, will be available on 82 million compatible Galaxy devices. Users will be able to send Circle's USDC stablecoin across borders on the Solana blockchain, with built-in fiat on- and off-ramps for local currency conversion. Transfers to external crypto wallets will be free, while international bank transfers will incur fees. The Solana Foundation announced the partnership, highlighting Solana's infrastructure operating "behind the scenes." Samsung had previously announced stablecoin support in July but did not name an issuer, blockchain, or launch date at the time. Additional markets are expected to follow the US launch, subject to local regulatory requirements.