Samsung announced that its Samsung Wallet now supports the purchase of USDC, the Circle‑issued stablecoin, for eligible U.S. users. The new functionality is powered by Stripe’s Crypto Onramp, which processes payments made with Samsung Pay, credit or debit cards, and ACH bank transfers. According to CryptoSlate, the rollout targets roughly 82 million Galaxy devices that meet the hardware requirements, and the feature went live after a preview announced on October 7, 2026.

How the On‑ramp Works

When a user taps the “Top up” option in the Stablecoin Account, Stripe handles the purchase flow, including identity verification, compliance checks and fraud prevention. Funds added from a linked bank account or card are converted into USDC and held in a custodial wallet managed by Bastion, with the underlying assets stored in Coinbase’s institutional custody. Users can also fund the account via Coinbase’s web interface or receive USDC from external wallets on supported networks.

Eligibility and Limits

The service is available only to U.S. residents who are at least 18 years old, own an eligible Samsung device running Android 13 or later, and have built‑in fingerprint authentication enabled. Each person may open a single Stablecoin Account in their own name, and New York residents are currently excluded. Opening the account is free, but funding, withdrawal and sending fees differ by payment method and are shown to the user before confirmation.

What to Watch Next

Future updates may expand eligibility beyond the current U.S. jurisdiction list and add support for additional networks or stablecoins. Monitoring fee structures and any changes to custody arrangements will be important for users who rely on the wallet for regular transactions. Additionally, regulatory developments affecting stablecoin custody and on‑ramp services could influence the availability of similar features on other mobile platforms.