Samsung Wallet Adds USDC Transfers to Bank Accounts in Over 60 Countries

Samsung is bringing support for the USDC stablecoin and international money transfers to Samsung Wallet. Set to launch in the final week of October 2026, the feature will allow users to send funds to compatible crypto wallets or directly to recipients’ bank accounts in more than 60 countries.

At rollout, the service will be available exclusively to adult users in the US on compatible Galaxy smartphones running Android 13 or later. It will require a Samsung Account, identity verification, and configured biometric authentication.

According to Samsung’s official announcement, around 82 million Galaxy devices in the US will be technically capable of supporting the feature. That figure represents eligible smartphones rather than the number of users who will automatically receive the crypto service.

Recipients Don’t Need a Crypto Wallet

Samsung has built out two primary transfer routes.

Users can send USDC directly to an external crypto wallet or an exchange account on supported networks. Samsung will not charge a fee for these transfers, although the receiving wallet or exchange may levy fees, and transfer times will depend on blockchain network conditions.

The second option targets conventional cross-border remittances. Users can send funds to an eligible bank account in over 60 countries, where the recipient receives the money in their local currency without ever having to deal with cryptocurrency.

These bank transfers will carry fees. Costs will vary depending on the amount and destination country, and Samsung Wallet will display the charge along with estimated delivery times before users confirm the transaction. The full list of supported countries will be available directly in the app.

In practice, USDC serves as the underlying bridge to move value across borders, while appearing as a standard bank deposit on the receiving end.

Samsung Won’t Custody Cryptocurrency Itself

Third-party regulated firms will handle the financial backend. Bastion confirmed that it will manage crypto accounts, regulatory compliance, and cross-border money transfers.

Bastion has tapped Coinbase as the official sub-custodian, with USDC held in Samsung Wallet secured through Coinbase Prime Vault. Samsung emphasizes that it is not a bank, money transmitter, or digital asset custodian, and does not hold user funds.

On the blockchain side, Samsung announced partner support for Solana and Sui. Users will not need to manage private keys themselves, as all transactions will be authorized via biometrics on a registered Galaxy device.

Looking ahead, Samsung is exploring use cases for stablecoins beyond transfers, including online purchases and in-store contactless payments. The company also anticipates expanding the feature outside the US, though it has not shared specific countries or timelines.