Samsung announced that Samsung Wallet will add native stablecoin support at Galaxy Unpacked in London on July 22, displaying a mockup featuring Circle's USDC. The company did not specify a launch date, confirm Circle as a partner, or identify which blockchain the tokens would operate on. The announcement builds on Samsung's crypto integration history, including a 2019 Knox-based wallet, 2021 hardware wallet support, and an October 2025 Coinbase partnership that reached 75 million U.S. Galaxy owners. The move positions Samsung among the first major smartphone brands to offer native stablecoin functionality, as global stablecoin supply approaches $310 billion under the year-old GENIUS Act.
Samsung Announces Stablecoin Support at Galaxy Unpacked
Lee Dinham, Samsung's product manager, stated on stage that Samsung Wallet will expand beyond cash and savings to embrace new forms of digital value, including stablecoins. "This will make Samsung one of the first major mobile brands to bring native stablecoins to a smartphone, enabling fast and trusted digital value transfers," Dinham said. The company showed a wallet mockup holding Circle's USDC, the second-largest stablecoin by market value, without confirming Circle as a partner. Samsung has not disclosed whether the feature will be custodial—where Samsung or a third party holds users' funds—or non-custodial, where users control private keys directly.
Samsung's Crypto Integration Timeline from 2019 to October 2025
Samsung built crypto storage into Galaxy phones in 2019 through Knox, a hardware-isolated vault unlocked by PIN or fingerprint, with later support added for Bitcoin, Ethereum, Tron, and Stellar. In 2021, Samsung enabled Galaxy owners to link hardware wallets like the Ledger Nano S directly to that vault. Last October, Samsung expanded a deal with Coinbase that placed crypto purchases directly inside Samsung Wallet for 75 million U.S. Galaxy owners. Drew Blackard, Samsung's senior vice president of mobile product management, described Samsung Wallet as "a trusted tool to millions of Galaxy users" in connection with that deal.
Galaxy Card Launches Alongside Stablecoin Announcement
The stablecoin announcement coincided with the launch of the Galaxy Card, Samsung's first credit card in the United States. Issued by Barclays on the Visa network, the card offers 5% cash back on Samsung purchases and 3% on Samsung Wallet transactions. Kirk Stuart from Visa stated the card reflects how "consumers expect payments to be embedded into the digital experiences they use every day." Samsung framed the combined initiatives as a "secured payments and rewards experience."
FAQ
What did Samsung announce about stablecoins on July 22?
Samsung announced at Galaxy Unpacked in London on July 22 that Samsung Wallet will add native stablecoin support, showing a mockup with Circle's USDC. The company did not provide a launch date, confirm Circle as a partner, or specify which blockchain the tokens would use.
How does Samsung's stablecoin support build on previous crypto features?
Samsung introduced a Knox-based crypto wallet in 2019 with support for Bitcoin, Ethereum, Tron, and Stellar, added hardware wallet linking in 2021, and expanded a Coinbase integration in October 2025 that reached 75 million U.S. Galaxy owners.
What is the Galaxy Card and how does it relate to Samsung Wallet?
The Galaxy Card is Samsung's first U.S. credit card, issued by Barclays on the Visa network. It offers 5% cash back on Samsung purchases and 3% on Samsung Wallet transactions, and was announced alongside the stablecoin support feature.
