Samsung Wallet stablecoin plan expands Galaxy finance push
Samsung says Wallet will add stablecoins, pairing digital assets with payments and rewards as it rolls out Galaxy Card.
By Rafael Ortiz · Fintech Correspondent
· 3 min read
Samsung Wallet stablecoin support is planned as part of a wider effort to turn the app into a financial hub across Galaxy devices, Samsung product specialist Lee Dinham said Wednesday at the company’s Galaxy Unpacked event. Dinham said the move would put Samsung among the first large mobile brands to build stablecoin functionality directly into a smartphone and support faster digital value transfers.
The planned integration would add stablecoins to an app that already sits at the center of Samsung’s mobile payments strategy. Dinham said Samsung Wallet would combine payments, rewards and digital assets, creating a connected financial ecosystem across Galaxy devices and services.
How will Samsung Wallet use stablecoins?
Samsung has not disclosed launch timing, supported stablecoins or transaction limits. Based on Dinham’s remarks, the stablecoin feature is intended to let users move digital value from within Samsung Wallet, alongside payment and rewards functions already tied to the company’s devices and services.
Stablecoins are being positioned by Samsung as part of the digital-assets layer inside Wallet. Dinham described the integration as a way to enable digital transfers that are fast and trusted, without providing further technical details on custody, blockchain networks or partners.
The announcement followed Samsung’s introduction of the Samsung Galaxy Card on Monday July 20. In a company release, Samsung said the card is its first credit card and offers cash rewards on every purchase.
Samsung said the Galaxy Card will be available both as a virtual card and as a metal physical card. The company said it is designed to work with Samsung Wallet, bringing the card into the same mobile interface used for payments and related services.
Woncheol Chai, executive vice president and head of the digital wallet team at Samsung’s Mobile eXperience Business, said in the release that Samsung Galaxy Card gives users “a new way to be rewarded every time you pay.”
PYMNTS reported Tuesday July 21 that Samsung’s first U.S. credit card was developed using Barclays co-brand capabilities and Visa’s payment network. Samsung’s release described the product as part of a broader push to extend its mobile services beyond communications, entertainment and productivity.
What role does Coinbase play in Samsung Wallet?
Samsung’s stablecoin plan comes after earlier links between Samsung Wallet, Samsung Pay and Coinbase. Coinbase said in July 2025 that its North American app customers could buy cryptocurrency using Samsung Pay.
In a blog post at the time, Coinbase said the integration joined Samsung’s mobile wallet with Coinbase’s platform and was intended to make crypto purchases easier for mobile users in North America.
Samsung and Coinbase expanded that relationship in October 2025, when U.S. Samsung Galaxy users gained access to Coinbase One through Samsung Wallet. Coinbase said Coinbase One members receive zero trading fees, boosted staking rewards, priority support, partner offers and lost-fund restoration for unauthorized third-party access.
Samsung has not said whether Coinbase will be involved in the stablecoin feature described at Galaxy Unpacked. The confirmed details are limited to Dinham’s statement that Samsung Wallet will add native stablecoin capabilities and Samsung’s separate rollout of the Galaxy Card within its wallet ecosystem.
This story draws on original reporting from PYMNTS.
