Samsung Wallet to Add Stablecoin Support, Expanding Crypto Push

Samsung Electronics plans to add stablecoin support to Samsung Wallet, extending its mobile payment platform into blockchain-based digital transfers. Product manager Lee Dinham said at the Galaxy Unpacked event that the wallet will expand beyond cash and savings to include stablecoins. Samsung has not disclosed which stablecoins it will integrate or when the feature will launch. The company also did not name partners for the rollout.

Samsung's stablecoin support follows moves by other tech firms, such as PayPal's PYUSD stablecoin on Polygon. The planned Wallet upgrade comes after several digital asset initiatives Samsung has introduced over the past year. In October 2025, Samsung expanded its partnership with Coinbase, allowing Galaxy users in the U.S. to buy cryptocurrencies directly through Samsung Wallet. The integration initially covered more than 75 million Galaxy users. 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 has also 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 Upbit, South Korea's largest crypto exchange. The three affiliates paid 612.8 billion won, or about $408 million, for 1.39 million Dunamu shares. The investment came while South Korea was preparing legislation covering stablecoins and tokenized securities. Samsung Securities said it planned to work with Dunamu on tokenized securities issuance and digital asset services. Samsung Card identified potential collaboration on digital asset payments and possible won-backed stablecoins through Samsung's Monimo financial platform.

Samsung has been selective about external stablecoin initiatives. Earlier this month, the company distanced itself from Open Standard's proposed OUSD stablecoin consortium after being listed as a founding partner. A Samsung official told Chosun that the company had not held official consultations with Open Standard and did not know what role it was expected to play. Other firms, including Dunamu and Shinhan Bank, also said they were still reviewing the proposal.

Samsung Wallet already stores payment cards, digital identification documents and other credentials. The company recently introduced Galaxy Card as another financial product. The stablecoin integration adds another blockchain feature to the wallet. Samsung continues expanding digital asset services across its mobile ecosystem. The company has not set a launch date for the stablecoin feature or identified which blockchains it will support.