Stablecoins Go Mainstream as Samsung Wallet Adds USDC on Solana

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Samsung Wallet launched stablecoin accounts for eligible U.S. Galaxy users, allowing them to buy, hold, send, and receive Circle’s USDC on the Solana blockchain. The feature, built with custodian Bastion and Coinbase, is available on about 82 million compatible Galaxy devices and is not offered in New York. Transfers between Samsung Wallet users incur no Samsung transfer fee, while withdrawals to bank accounts in more than 60 countries may carry fees. Credit card top-ups cost 4%, and Samsung plans to explore online and in-store stablecoin payments and expand to additional markets, subject to local regulation.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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