Samsung partners with Solana for cross-border USDC payments on 82M devices

Solana: Solana is a high-performance blockchain network designed for fast and low-cost transactions, with a growing focus on stablecoin payments and digital dollar use cases. Through this collaboration, Solana's infrastructure will power the underlying transactions for Samsung's stablecoin features, providing a scalable path for mainstream adoption via the wallet app on millions of devices. The network already supports stablecoin activity from companies such as PayPal and Western Union. Samsung: Samsung is the world's largest smartphone maker and a major consumer electronics company that develops devices, software, and services including its Wallet and Pay applications. In this partnership, Samsung is integrating native Solana stablecoin support directly into Samsung Wallet and Samsung Pay to enable cross-border USDC transfers for users on its Galaxy devices starting in late October 2026. The company aims to expand this feature to additional markets while complying with local regulations, building on a July announcement about adding stablecoin capabilities. Lily Liu: Lily Liu is President of the Solana Foundation, the organization supporting the Solana blockchain ecosystem. In response to the Samsung integration, she noted that the partnership helps bring stablecoins into mainstream use through a trusted brand, marking a shift from crypto-specific tools to everyday payment methods. Her remarks underscore Solana's focus on enabling scalable digital dollar payments. Lee Dinham: Lee Dinham is a product manager at Samsung who has been involved in announcements related to new features in the company's wallet ecosystem. He revealed Samsung's plans to add native stablecoin support during the Galaxy Unpacked event in July 2026 while introducing the Galaxy Card. His statements highlighted how stablecoins enable faster digital value transfers as part of building a connected financial ecosystem. Woncheol Chai: Woncheol Chai serves as EVP and Head of the Digital Wallet Team at Samsung Electronics' Mobile eXperience Business. He provided comments on the Solana partnership, emphasizing the goal of making cross-border money movement faster and easier through Samsung Wallet without requiring users to navigate complex crypto tools. His role involves overseeing the integration that brings stablecoin functionality to everyday Galaxy users. Adoption: Major companies including PayPal and Western Union already utilize Solana for stablecoin activity, supporting the network's expanding role in digital dollar payments. Regulation: U.S. Republican senators released draft text of the ADAPT Act on September 30 proposing tax treatment changes so that eligible dollar stablecoin users would not recognize gains or losses when using them for purchases of goods or services. Partnership Expansion: Samsung plans to expand the stablecoin feature in Samsung Wallet to additional markets beyond the United States, subject to local regulatory requirements.