Samsung Wallet Set to Beat Apple and Google on Stablecoins

iEXExchanger
Samsung Wallet Set to Beat Apple and Google on Stablecoins

At Galaxy Unpacked in London, Samsung showed a wallet mockup carrying USDC and confirmed native stablecoin support is coming to Galaxy phones — ahead of Apple Pay and Google Wallet, though no launch date is set.

Samsung used its Galaxy Unpacked event in London to show off more than new phones. Tucked into the presentation was a mockup of Samsung Wallet displaying a USDC balance, and the company confirmed the feature is real: native stablecoin support is coming to Galaxy devices. What's missing is almost everything else — no launch date, and no signed deal with Circle, the company behind USDC.

Samsung product manager Lee Dinham put it plainly: "Samsung Wallet will expand beyond cash and savings. It will embrace new forms of digital value, including stablecoins." Behind the corporate phrasing is a simple pitch — put a dollar-pegged token on the lock screen, next to boarding passes and loyalty cards, so paying with it feels no different from tapping a debit card.

This isn't a cold start. Samsung has run a Blockchain Keystore on Galaxy devices since 2019 and supported hardware wallets since 2021. Since October 2025, a Coinbase integration has already given roughly 75 million US Galaxy owners crypto access. Stablecoins are the logical next step: unlike bitcoin or ether, a token pegged to the dollar doesn't scare off someone who just wants to pay for coffee.

That timing matters against the competition. Neither Apple Pay nor Google Wallet supports stablecoins directly — both, at best, hand users off to a separate crypto app. If Samsung actually ships this, it would be the first time a phone maker, rather than a bank or an exchange, builds a digital dollar straight into the payment stack.

For now it's a promise, not a product. Samsung hasn't said whether the wallet will hold the keys itself or leave custody to the user, and it named no launch countries — stablecoin rules are still being written in most jurisdictions. Alongside the stablecoin teaser, Samsung also announced a more conventional Galaxy Card, issued by Barclays on the Visa network for the US market, with tiered cash-back.

Questions and answers

Frequently asked questions about this article

What exactly did Samsung announce?

At Galaxy Unpacked on July 22, 2026, Samsung confirmed that Samsung Wallet will get native stablecoin support and showed a mockup featuring USDC, without naming a launch date or confirming Circle as a partner.

When will stablecoins arrive in Samsung Wallet?

Samsung hasn't set a date. The company only confirmed the feature is coming, leaving the custody model and supported countries undecided.

How is this different from Apple Pay or Google Wallet?

Neither Apple Pay nor Google Wallet supports stablecoins natively — both route users to a separate crypto app, while Samsung is promising to build the feature directly into its wallet.

Why is USDC specifically mentioned?

Samsung displayed a wallet mockup with a USDC balance, but it has not confirmed a formal partnership with Circle, the stablecoin's issuer.

What crypto features does Samsung Wallet already have?

Since 2019 it has run a Blockchain Keystore, added hardware wallet support in 2021, and since October 2025 offers Coinbase-powered crypto access to about 75 million US Galaxy users.