Samsung is set to expand the functionality of its Samsung Wallet application by introducing support for USDC, a prominent stablecoin pegged to the U.S. dollar. Beginning in October, users of Galaxy devices in the United States will be able to initiate transfers of the asset directly through the platform.

While the announcement marks a significant step in integrating blockchain-based assets into mainstream consumer hardware, specific technical details regarding the custody of these assets—such as whether users will hold their own private keys or if Samsung will act as a custodial intermediary—remain unconfirmed. The move follows a broader industry trend of major technology companies attempting to bridge the gap between traditional mobile payment ecosystems and decentralized finance. By selecting USDC, a regulated stablecoin, Samsung appears to be prioritizing a lower-volatility asset for its initial foray into direct crypto transfers within the Wallet app. The company has not yet disclosed whether this feature will expand to other regions or include additional cryptocurrencies in the future.