Samsung Wallet to support native stablecoins on Galaxy devices

At its Galaxy Unpacked recap, Samsung described Wallet as supporting stablecoins natively on a smartphone. The company provided no technical specification or launch timetable.

Samsung did not name an issuer, token, blockchain, custody arrangement, eligible markets or a rollout schedule for the feature.

Samsung Wallet already stores payment cards, digital keys, IDs and boarding passes and offers some crypto-related functions. In July 2025 Samsung integrated Samsung Pay as a payment and deposit option inside Coinbase in the United States and Canada, connecting a Samsung payment method to an external crypto platform.

The description of native stablecoin capability covers several possible designs. One design would let Wallet hold stablecoin balances and handle sending, receiving and payments directly. Another design would make Wallet a funding link or an account view that routes users to partner-managed accounts.

Which design is selected will determine who controls the account relationship, custody of keys and the redemption process. A native balance inside Wallet would place a chosen token and its issuer prominently in the interface. A partner-managed account would leave custody and redemption with that partner.

Regulatory frameworks differ by market. The United States established the GENIUS Act in 2025 for payment stablecoin issuers and custody arrangements. The European Union regulates covered crypto-asset issuers and service providers under the Markets in Crypto-Assets framework. Samsung has not indicated whether it will issue, custody or redeem any token.

Technical choices affect settlement and liquidity. A single-network implementation would make that blockchain the default settlement route. A multichain design would offer more routing options but raises cross-chain liquidity fragmentation and bridge risks noted by the Bank for International Settlements. A partner-held balance can obscure the blockchain layer while giving transfer and redemption responsibilities to that partner.

Samsung has reserved space in Wallet for an undefined stablecoin function and controls where such features appear in the interface. The company has not announced which countries or which device models will get the capability first. The 800 million figure refers to Samsung’s target for devices with Galaxy AI by the end of 2026 and is not a measure of current Wallet users or guaranteed availability for stablecoins.

Key product questions remain unanswered: which token or tokens will be supported; whether a default token will be set inside Wallet; which network will carry transfers; who will hold assets and control keys; how redemption will work; which transactions will be permitted; where the feature will be available; and when it will launch.

Decisions on issuer, network and custody will determine which companies manage balances, keys and redemption on devices that receive the feature.