Samsung Wallet to Add USDC Transfers via Solana on US Galaxy Devices

The service will launch in late October for 82 million US Galaxy devices, enabling transfers to bank accounts in over 60 countries.

Samsung Wallet will allow users of Galaxy devices in the United States to transfer the stablecoin USDC, news websites Decrypt and Cointelegraph reported. The service is scheduled to launch in late October and will operate on the Solana blockchain.

According to the reports, the rollout will cover approximately 82 million devices in the US, allowing users to send funds to cryptocurrency wallets and to bank accounts across more than 60 countries. The development follows hints dropped by Samsung three months ago regarding stablecoin integration, at which time it did not disclose the specific blockchain network.

Further details regarding usage terms and transaction fees have not yet been released.