8 hours ago
- Samsung Wallet is adding native stablecoin support, demoing Circle’s USDC alongside payment cards, hotel keys, and loyalty points at Galaxy Unpacked.
- This move is a strategic direction with no launch date, confirmed stablecoin issuers, or blockchain support yet, but builds on six years of crypto infrastructure since 2019.
- The distribution advantage lies in Samsung’s billion-device install base, positioning stablecoins for mainstream use without requiring users to download separate apps.
- For Irish and EU users, practical use cases include freelancers avoiding FX conversion fees, remote workers managing multi-currency income, and fast cross-border transfers.
- The announcement pressures Apple and Google to respond, with Apple likely to move quickly given its existing financial infrastructure.