Original sourcestartupfortune.comAdditional: The Asia Business Daily
Summary
Starting in late October 2026, Samsung Wallet will make USDC the default dollar stablecoin on eligible Galaxy devices in the US. Custody is handled by regulated, NYDFS-qualified Bastion, with Coinbase Prime Vault as sub-custodian, backed by Circle's USDC; transfers run on Solana and Sui networks, e…
Key points
- This marks the first time stablecoins are built into mass-market consumer phone hardware with compliant custody, potentially turning USDC from a speculative asset into a daily payment channel.
- When stablecoins are preinstalled on tens of millions of phones, the barrier to payments and cross-border remittances drops sharply.
- Ordinary users can send, receive and exchange USDC without managing seed phrases, while companies must watch differing local rules on stablecoins and foreign exchange, such as South Korea's current exclusion.
Editorial note
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