Samsung Wallet USDC Transfers: How the New Feature Works

Samsung Wallet is expanding its capabilities to include USDC transfers for eligible Galaxy phone users in the United States. Starting in late October 2026, compatible Galaxy devices (82 million as of the announcement) will be able to send USDC stablecoins to crypto wallets or overseas bank accounts. Samsung partnered with Bastion for stablecoin custody, Coinbase for sub-custody, and blockchain networks Solana and Sui for technical support.

Users can transfer USDC directly to compatible crypto wallets without fees or to bank accounts in over 60 countries, with fees and exchange rates displayed before confirming the transaction. Samsung emphasizes that the feature is designed to be as convenient as using the existing Samsung Wallet, which already combines payment cards, digital IDs, and tickets.

USDC is a stablecoin pegged to the value of the US dollar, backed by cash and short-term US Treasury assets. Unlike traditional bank transfers, USDC can be moved between compatible crypto wallets across blockchain networks. Once users have USDC, they can choose between direct crypto-wallet transfers, which are free and instantaneous, or international bank transfers, which incur fees and may take longer depending on destination and blockchain conditions.

Samsung emphasizes that it is not a bank, money transmitter, or digital asset custodian and does not hold user funds. The company will rely on its partners for custody, compliance, and fraud monitoring. Users must be US residents aged 18 or older, have a Samsung Account, and use a compatible Galaxy device running Android 13 or higher. Biometric authentication is required for each USDC transfer.