Samsung is adding stablecoins to Samsung Wallet, leading to a surge in cryptocurrencies



The move to add native stablecoin support to Samsung Wallet by Samsung Electronics could put USD-pegged digital currencies in front of millions of Galaxy device owners, creating one of the largest consumer distribution channels for cryptocurrencies to date.

The benefits of this ecosystem go beyond Samsung. Stablecoins have mostly remained within cryptocurrencies and exchanges that are rarely used by ordinary users. However, when linked to an app already on Galaxy phones, it will make using blockchain payments easy without forcing users to install another crypto app.

Samsung revealed the initiative during its conference Galaxy dismantled 2026 It happened on July 22, where Samsung Wallet was described as a financial hub that connects payments, identity, digital assets, and Galaxy services. South Korean publication, Digital Asset, was the first to report on Samsung’s stablecoin plans, while Reuters separately confirmed the news, also focusing on Samsung’s move to enter other financial services with the launch of its financial instrument called Galaxy Card.

Samsung Wallet can provide stablecoins to Galaxy users

According to Digital Assets, Samsung stated that wallet The service will evolve from being just a payments and savings app to a platform that includes many new features regarding digital assets such as stablecoins. The goal of this strategy is to ensure that Samsung Wallet users will be able to transfer various digital assets easily and reliably while consolidating payments, rewards, and digital assets into one integrated service.

This statement is also in line with Samsung’s larger vision for Galaxy devices. Before Unpacked, Samsung said that its next-generation devices would offer enhanced features Personal experiences Powered by AI technology, Samsung Wallet plays a more prominent role in everyday digital life.

However, Samsung has stopped short of revealing which stablecoins it will support, naming the issuer, or providing a launch date. It also did not explain how this feature will be rolled out to the different markets in which Samsung Wallet operates.

The Galaxy Card pushes Samsung to delve deeper into consumer finance

Samsung also launched Samsung Galaxy cardIt is a financial product that can be accessed through Samsung Wallet. As Reuters reported, the card will be launched in the United States with Barclays The card issuance and Visa serves as the payment network, showing Samsung’s interest in growing its presence in the financial sector.

Samsung said the wallet’s financial features will be protected by Samsung Knox, its security platform, using end-to-end encryption.

With Samsung Pay merging with Samsung Pass in 2022, the wallet has been evolving ever since. Today, this advanced wallet technology can store various payment cards, digital IDs, boarding passes, house and car keys, and even display cryptocurrency assets to users. Wallet’s move to accepting usable stablecoins will push it toward becoming a fully digital financing tool.

Stablecoins are gaining a major gateway to smartphones

Samsung’s announcement comes as stablecoins are making inroads into mainstream payment flow. According to Fireblocks status for stablecoins 2025 In a survey of nearly 300 banks and payment services, nearly half of respondents believe that the ability to make payments in real-time is the most important feature of stablecoins, and 85% of respondents believe that better regulation is no longer a barrier but rather a catalyst for adoption.

At the same time, propulsion systems continued to evolve. both of them Visa Allium, a blockchain data company, is behind a website showcasing fiat-backed stablecoins such as USDC and USDT used in the largest blockchain networks, reflecting the widespread adoption of stablecoins outside of cryptocurrency trading.

What was missing from the market was a consumer portal comparable in size to a global smartphone manufacturer.

“By combining Samsung’s innovations with Barclays’ co-branding capabilities and Visa’s trusted network, the Samsung Galaxy Card delivers a connected experience that helps consumers earn rewards while providing the security and acceptance needed to support commerce wherever they choose to shop,” explains Kirk Stewart, Visa’s senior vice president and head of enablement, merchants and fintechs in North America.

If Samsung does introduce stablecoin support, its Galaxy smartphones could rank among the top major gateways to digital currency, putting pressure on rival manufacturers and wallet companies to roll out their own cryptocurrency payment plans sooner than expected.



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