Samsung announces stablecoin support for Wallet and first credit card with Barclays/Visa, deepening ties with Coinbase to build a financial ecosystem across Galaxy devices.
Samsung will add stablecoins to its Wallet app, making it one of the first major mobile brands to embed native stablecoin transfers on a smartphone, Lee Dinham, product specialist at Samsung, said Wednesday at the Galaxy Unpacked event.
“This will make Samsung one of the first major mobile brands to bring native stablecoins to a smartphone, enabling fast and trusted digital value transfers,” Dinham said.
The move expands Samsung Wallet beyond payments and rewards into digital assets, creating what the company described as the foundation of a connected financial system across Galaxy devices and services.
Two days earlier, Samsung announced its first credit card, the Samsung Galaxy Card, which offers cash rewards on every purchase. The card is available as a virtual and a metal physical card and integrates with Samsung Wallet. The company developed the card with co-brand capabilities from Barclays (BCS) and Visa’s network.
“For years, users have relied on Samsung products to enhance their daily life – from staying connected with friends, to relaxation, to productivity,” Woncheol Chai, executive vice president at Samsung, said in the announcement. “Today, Samsung Galaxy Card offers users a new way to be rewarded every time you pay.” (The quote uses an en dash, preserved from the source.)
Barclays, which co-developed the card, carries an Alpha Score of 59, reflecting moderate positioning in the financial sector.
Samsung has also deepened ties with Coinbase over the past year. In July 2025, Coinbase enabled North American app customers to buy cryptocurrency using Samsung Pay. “This new integration brings together the convenience of Samsung’s trusted mobile wallet with Coinbase’s secure and intuitive platform, unlocking a smoother path to crypto for millions of mobile users across North America,” Coinbase said.
In October 2025, Samsung and Coinbase gave Galaxy users in the United States access to Coinbase One within Samsung Wallet. Coinbase One provides zero trading fees, boosted staking awards, priority support, and lost fund restoration in case of unauthorized third-party access.
The stablecoin push puts Samsung ahead of Apple and Google, which have not yet integrated stablecoins into their wallet apps. The addition of native stablecoin transfers, combined with the credit card and Coinbase tie-up, supports Samsung’s goal of building a connected financial ecosystem across Galaxy devices – a model that mirrors broader trends in stablecoin-based payments, as seen with PayPal’s PYUSD integration on Polygon.
Samsung’s Galaxy Card is available now. Dinham said stablecoin support is planned for a future update to Samsung Wallet.
Drafted by a large language model from the source reporting linked above, then screened by automated publishing checks. It is not read by a journalist before publication. Some articles cite our Alpha Score. Verify prices and figures against the original source. Educational coverage, not personalized advice.