Samsung has unveiled plans to add stablecoin support to Samsung Wallet, extending its mobile payment platform into blockchain-based digital value transfers.
Summary
- Samsung has announced plans to add stablecoin support to Samsung Wallet, expanding the app beyond payments and rewards.
- The company has not disclosed the supported stablecoins, launch timeline or technology partners for the new Wallet feature.
- The move builds on Samsung‘s recent crypto initiatives, including Coinbase integration and investments tied to South Korea’s digital asset market.
During the companys Galaxy Unpacked event, Samsung Electronics said Samsung Wallet will support stablecoins as part of its next phase of development, combining payments, rewards and digital assets within a single mobile experience. The company has not disclosed which stablecoins it will integrate, when the feature will launch or which partners will support the rollout.
Speaking at the event, Samsung product manager Lee Dinham said Samsung Wallet will expand beyond cash and savings to include stablecoins. He said the company intends to become one of the first major smartphone brands to offer native stablecoin functionality, allowing users to transfer digital value directly from their devices.
Although Samsung outlined the direction of the product, it stopped short of announcing technical details. The company has not identified supported blockchain networks, reserve-backed assets or regional availability for the feature. Cointelegraph said it contacted Samsung for additional comment but had not received a response at the time of publication.
Samsung builds on existing crypto services
The planned Wallet upgrade follows several digital asset initiatives Samsung has introduced over the past year, indicating that the company has been steadily adding blockchain services to its mobile ecosystem rather than treating stablecoins as a standalone product.
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In October 2025, Samsung expanded its partnership with U.S.-based crypto exchange Coinbase, allowing Galaxy users in the United States to buy cryptocurrencies directly through Samsung Wallet. The integration initially covered more than 75 million Galaxy users, with Samsung and Coinbase saying they planned to expand the service to additional markets over time.
At the time, Coinbase Chief Business Officer Shan Aggarwal said the partnership combined Samsung‘s global user base with Coinbase’s crypto platform to make digital assets easier to access. Samsung also introduced promotional incentives, including a three-month Coinbase One subscription for new users and trading credits for eligible customers making their first crypto purchase through Samsung Wallet.
Samsung has continued adding financial services to the application alongside its crypto offerings. Samsung Wallet already stores payment cards, digital identification documents, rewards programs and other credentials, while the company recently introduced Galaxy Card as another financial product connected to the ecosystem.
Stablecoins remain part of Samsungs expanding blockchain strategy
Outside its consumer wallet business, Samsung has also increased its involvement in South Koreas digital asset sector through investments and partnerships linked to blockchain infrastructure.
In May 2026, Samsung Securities, Samsung SDS and Samsung Card agreed to acquire a combined 4% stake in Dunamu, the operator of South Koreas largest cryptocurrency exchange, Upbit. According to ETNews, the three affiliates paid 612.8 billion won, or about $408 million, for 1.39 million Dunamu shares.
The investment came as South Korea prepared legislation covering stablecoins, tokenized securities and digital asset service providers. Samsung Securities said it planned to work with Dunamu on tokenized securities issuance and digital asset services, while Samsung Card identified potential collaboration on digital asset payments and possible won-backed stablecoins through Samsung‘s Monimo financial platform. Samsung SDS also outlined plans to combine its cloud, AI and cybersecurity capabilities with Dunamu’s blockchain infrastructure.
Samsung has nevertheless remained selective about external stablecoin initiatives.
Earlier this month, the company distanced itself from Open Standards proposed OUSD stablecoin consortium after being listed as one of more than 140 founding partners. According to South Korean newspaper Chosun, a Samsung official said the company had not held official consultations with Open Standard and did not know what role it was expected to play in the project.
Other organizations, including Dunamu, Shinhan Bank and K-Bank, also told Chosun they were still reviewing the proposal and had not formally agreed to participate. Their responses raised questions about the composition of the consortium announced by Open Standard.
Against that backdrop, Samsungs latest announcement focuses on integrating stablecoins into its own wallet platform instead of participating in an external stablecoin governance structure.
The company has yet to disclose which stablecoins it intends to support or when users will gain access to the new functionality. Even so, the planned integration adds another blockchain feature to Samsung Wallet as the company continues expanding digital asset services across its mobile ecosystem.