Samsung adds Solana-based USDC transfers to Wallet for US Galaxy users

First reported by The Block at · Updated · 5 sources

Eligible users will be able to send stablecoins to overseas crypto wallets or arrange local-currency payouts to bank accounts starting in late October. Bank payouts will cover more than 60 countries, according to CoinDesk. The feature sits within Samsung Wallet rather than a separate crypto app, with fiat conversion options, according to The Block.

  • Reports put the potential US Galaxy audience at 82 million.
  • Decrypt says Samsung teased stablecoin support three months earlier without naming a blockchain.

Covered by 5 publishers within 19 hours of the first report.

Reporting5

TechRepublic Samsung Wallet USDC Transfers: How the New Feature Works · TechRepublic Staff

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Topics SamsungCrypto