Samsung Brings USDC to Galaxy Wallet Users in US With Coinbase-Backed Launch

Samsung Electronics will introduce stablecoin wallet functionality for Galaxy users in the U.S. in the last week of October, supporting USDC, the second-largest stablecoin. Users can send USDC to compatible international wallets without transfer fees and to bank accounts in over 60 countries. Coinbase will custody the USDC held in Samsung Wallet through Coinbase Prime Vault. This announcement follows Samsung's raised third-quarter guidance, driven by AI-driven demand for memory chips, with detailed results expected on October 29.