Samsung to Embed Stablecoin Features in 800 Million Galaxy Phones

Samsung Wallet will integrate native stablecoin savings and payments across 800M devices, leveraging its Upbit stake and expanding digital asset infrastructure globally.

Woofun AI reports that Samsung intends to deploy native stablecoin capabilities to 800 million Galaxy smartphones via Samsung Wallet. The update introduces savings and payment accounts linked to fiat currencies, potentially supporting tokens such as USDC. This expansion utilizes the company’s existing crypto wallet infrastructure, which currently serves nearly 19 million users in South Korea. Samsung seeks to unify payments, rewards, and digital assets within a single ecosystem spanning 61 countries. The strategy aligns with its $408 million equity stake in Dunamu, the operator of Upbit, and efforts to build digital asset infrastructure.

Concurrently, South Korea is drafting a Digital Asset Basic Act, with Samsung planning to support stablecoins denominated in both the US dollar and the South Korean won.