NewsCryptoSamsung to Add Stablecoin Support to Galaxy Wallet as Digital Asset Strategy Deepens

Samsung to Add Stablecoin Support to Galaxy Wallet as Digital Asset Strategy Deepens

Author: LiveBitcoinNewsΒ·

Key Takeaways

  • β€’Samsung plans to add stablecoin support to Samsung Wallet but has not disclosed which stablecoins, blockchain networks, regional markets, or launch timeline will be involved.
  • β€’Samsung's October 2025 partnership with Coinbase enabled more than 75 million U.S. Galaxy users to purchase cryptocurrency directly through Samsung Wallet.
  • β€’Three Samsung affiliates agreed in May 2026 to acquire a combined 4% stake in Dunamu, operator of the Upbit cryptocurrency exchange, for approximately $408 million.
  • β€’South Korea's National Assembly is advancing a Digital Asset Basic Act framework that would establish licensing and reserve requirements for stablecoin issuers.
  • β€’Samsung distanced itself from Open Standard's proposed OUSD stablecoin consortium in July 2026, clarifying that no official discussions had taken place.
Samsung to Add Stablecoin Support to Galaxy Wallet as Digital Asset Strategy Deepens

Samsung is preparing to integrate stablecoin functionality into Samsung Wallet, advancing its broader digital asset strategy across its mobile ecosystem.

The South Korean technology giant disclosed the plan during its Galaxy Unpacked event, though it did not provide technical specifications or a launch timeline. As the world's largest smartphone manufacturer by shipment volume, Samsung's decision to embed stablecoin transfers directly into its native wallet app could expose digital payments to a hardware user base numbering in the hundreds of millions. The announcement nonetheless underscores Samsung's intent to embed digital payments and blockchain services more deeply into its consumer products, building on recent crypto partnerships and investments.

Stablecoin Support Planned for Galaxy Wallet

Samsung stated that Samsung Wallet will gain stablecoin support as part of its next development phase. Executives described the initiative as a means to unify payments, rewards, and digital assets within a single mobile experience. Product manager Lee Dinham said Samsung aims to become one of the first major smartphone manufacturers to offer native stablecoin functionality, enabling users to transfer digital value directly from Galaxy devices.

The move would place Samsung ahead of competing mobile wallet ecosystems. Apple Wallet and Google Wallet have not announced native stablecoin transfer capabilities, though both platforms support digital card payments and identity features. For Samsung, adding stablecoin functionality to a wallet already used for payments, transit cards, and digital identification could reduce friction for consumers already managing multiple financial tools on their devices.

Few technical details were disclosed. Samsung has not specified which stablecoins, blockchain networks, or reserve-backed assets will be supported. Regional availability remains unknown, and the company has not announced a release date or identified technology partners for the rollout.

The stablecoin feature follows Samsung's gradual expansion of blockchain services across its mobile product line. Rather than positioning digital assets as a standalone offering, the company has incrementally added crypto-related capabilities alongside existing payment and financial tools.

Key milestones in Samsung's digital asset strategy include:

  • In October 2025, Samsung partnered with Coinbase, enabling eligible U.S. Galaxy users to purchase cryptocurrencies directly through Samsung Wallet.
  • New Coinbase users received promotional incentives, including a three-month Coinbase One subscription and trading credits.
  • Samsung Wallet already supports payment cards, digital identification, rewards programs, and other credentials.
  • Galaxy Card became an additional financial product integrated into Samsung's expanding wallet ecosystem.

Coinbase Partnership and Dunamu Stake Broaden Crypto Footprint

The Coinbase collaboration represented one of Samsung's most significant crypto initiatives to date. More than 75 million Galaxy users in the United States initially gained the ability to purchase cryptocurrency through Samsung Wallet. Both companies indicated plans to extend availability to additional markets over time.

Coinbase Chief Business Officer Shan Aggarwal previously stated that combining Samsung's global customer base with Coinbase's platform would make cryptocurrency more accessible. Promotional offers were introduced to encourage first-time users to explore digital asset services.

Beyond consumer products, Samsung has deepened its involvement in South Korea's digital asset sector. In May 2026, Samsung Securities, Samsung SDS, and Samsung Card agreed to acquire a combined 4% stake in Dunamu, the operator of cryptocurrency exchange Upbit. According to ETNews, the investment totaled 612.8 billion won, approximately $408 million.

Dunamu Collaboration and Legislative Context

The moves come as South Korea prepares new legislation covering stablecoins, tokenized securities, and digital asset service providers. South Korea ranks among the world's largest retail cryptocurrency markets by trading volume, and the country's National Assembly has been advancing a Digital Asset Basic Act framework that would establish licensing and reserve requirements for stablecoin issuers. Samsung Securities plans to collaborate with Dunamu on tokenized securities, while Samsung Card has explored potential digital asset payment services and won-backed stablecoins through Dunamu's Monimo platform. Samsung SDS also intends to work with Dunamu on blockchain infrastructure leveraging its cloud, artificial intelligence, and cybersecurity capabilities.

Samsung has maintained a cautious stance toward projects outside its own ecosystem. Earlier in July 2026, the company distanced itself from Open Standard's proposed OUSD stablecoin consortium after being listed among more than 140 founding partners. Company representatives stated that no official discussions had occurred and that Samsung was uncertain about its expected role. Similar responses came from Dunamu, Shinhan Bank, and K-Bank, each indicating that participation remained under review.

For now, Samsung appears focused on integrating stablecoins directly into its own wallet rather than joining an external governance initiative. While questions persist regarding supported assets and launch timing, the upcoming feature represents another component of Samsung's steadily expanding digital asset strategy.