Samsung Wallet to add USDC transfers in U.S. this October

Samsung Electronics America announced Oct. 7 that USDC transfers will launch in Samsung Wallet during the last week of October 2026. USDC will be the only stablecoin supported at launch. The service was not live as of Oct. 8.

The 82 million figure refers to compatible Galaxy devices in the United States, not individual users. Eligibility will be limited to U.S. residents who are at least 18 years old and have a Samsung Account, a Galaxy device running Android 13 or later, verified identity details and biometric authentication.

Users will be able to send USDC to compatible cryptocurrency wallets outside the United States. They will also be able to transfer money to qualifying bank accounts in more than 60 countries. Bank recipients will receive local currency, and the app will display fees and estimated delivery times before a transfer is confirmed.

Samsung will not hold customer funds or manage the digital assets. Bastion will provide custody and money-transmission services. Coinbase Prime Vault will hold the USDC as sub-custodian. Bastion Platforms Trust Company holds a New York trust charter, while its operating entity is registered with the Financial Crimes Enforcement Network and has state money-transmitter licenses. Bastion also has conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter.

Solana and Sui will provide the blockchain networks for the service. Samsung has not disclosed which network will process a specific transfer or whether users will be able to select one. The SUI token will not be supported in Samsung Wallet at launch.

“We’re bringing USDC transfers into Samsung Wallet so eligible Galaxy users can get started without installing another app or managing private keys themselves,” Woncheol Chai, Samsung’s executive vice president and head of its Digital Wallet Team, said in the announcement.

Users will not control private keys or hold USDC through self-custody. Their assets will remain with Bastion and Coinbase under the partners’ terms. Samsung will not charge a fee for transfers to external wallets, although the receiving wallet or exchange may charge one. Bank payouts will carry fees that vary by country and transfer amount. Samsung has not published the full fee schedule or country list. Transfers to sanctioned jurisdictions and some bank accounts will be unavailable.

Samsung showed a USDC interface at Galaxy Unpacked in July without naming a launch date, market or partners. The October announcement identified the United States as the first market and named Bastion, Coinbase, Solana and Sui. Samsung added Coinbase access to Samsung Wallet in October 2025 for more than 75 million U.S. Galaxy users.

Online stablecoin payments and tap-to-pay transactions may be added later. Samsung has not announced dates for those functions or for expansion beyond the United States.