Barclays and Visa are issuing the Galaxy Card. The Wallet's native stablecoin support targets roughly 200 million devices a year, no launch date set.
Samsung Electronics will add native stablecoin support to its Samsung Wallet, the company said during its Galaxy Unpacked event July 22. The wallet is pre-installed on the roughly 200 million Galaxy devices Samsung ships annually.
Samsung did not name a specific stablecoin issuer or list which tokens it would support. The company also declined to give a launch date. It described the feature as part of the wallet's planned expansion into a broader financial hub.
"Samsung Wallet will evolve from being only a payments and savings app into a platform that incorporates digital assets like stablecoins," Samsung said, according to South Korean publication Digital Asset, which first reported the plans. Reuters confirmed the details.
The wallet already stores payment cards, digital IDs, boarding passes, and keys for homes and cars. It can display users' cryptocurrency balances.
Samsung also introduced the Samsung Galaxy Card, a financial product issued by Barclays and running on Visa's payment network. Barclays, which carries an Alpha Score of 59, is issuing the card in the United States.
"By bringing together Samsung's innovation, Barclays' co-brand capabilities, and Visa's trusted network, Samsung Galaxy Card delivers a connected experience that helps consumers earn rewards while providing the security and acceptance needed to support commerce wherever they choose to shop," Kirk Stuart, Visa's SVP and Head of North American Enablers, Merchants, and Fintechs, said.
Samsung said the wallet's financial features, including the stablecoin support, will run on Samsung Knox, the company's hardware-backed security platform, with end-to-end encryption.
The announcement comes as payment networks deepen their bets on stablecoins. Visa and BlackRock's stablecoin push has dominated industry sentiment. Visa and blockchain data firm Allium launched a website tracking fiat-backed tokens like USDC and USDT on major blockchain networks. The Fireblocks State of Stablecoins 2025 survey, which covered roughly 300 banks and payment firms, found that half of respondents cited real-time payments as the top advantage of stablecoins. Roughly 85% of respondents said stronger regulation was now an incentive for adoption, not a barrier.
Stablecoin legislation is advancing in the U.S. and Europe. The EU's Markets in Crypto-Assets (MiCA) framework took effect this year. The U.S. Congress is debating the GENIUS Act. Samsung made its announcement as those frameworks took shape.
Apple Wallet and Google Wallet do not natively support crypto payments. Samsung's wallet is pre-installed on roughly 200 million devices a year. Users will not need a separate crypto app.
Samsung Wallet was created in 2022 through the merger of Samsung Pay and Samsung Pass. It has gradually added new capabilities, including crypto asset display. Samsung did not disclose the fee structure for either the Galaxy Card or the stablecoin wallet.
Samsung did not specify a timeline for the stablecoin feature or which markets would get it first. The company said more details will follow through its developer channels.
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.