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      Samsung Wallet to Introduce USDC Stablecoin Feature in October

      Samsung Electronics America has announced that Samsung Wallet will launch a new feature allowing eligible Galaxy users in the United States to utilize a stablecoin wallet. This feature, set to debut in the last week of October, will initially support the US dollar stablecoin USDC and is being developed in partnership with the Sui blockchain infrastructure.

      The new wallet feature will be available to approximately 82 million Galaxy devices in the U.S. and is expected to expand to additional markets in the future. Users will benefit from Sui's gas-free stablecoin transfers, which enable USDC transactions without incurring network fees or the need to hold SUI tokens. This integration aims to simplify the process for users, allowing them to manage their transactions without the need for additional applications or private key management.

      Woncheol Chai, head of the digital wallet team for Samsung Electronics' mobile experience business, emphasized that the introduction of USDC transfers into Samsung Wallet enhances user convenience. The native USDC functionality on the Sui network is anticipated to go live in 2024, with plans for integration with Circle's cross-chain transfer protocol. Since August 2025, Sui has reportedly processed over $1 trillion in stablecoin transfer volume, indicating its growing role in payment infrastructure across various global markets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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