Key Notes
- Samsung Wallet plans to introduce USDC transfers in the last week of October across 82 million compatible US Galaxy devices, subject to user eligibility.
- Samsung will charge no fee for external-wallet USDC transfers, while bank payouts to more than 60 countries carry destination-dependent fees.
- Bastion will provide custody and money movement with Coinbase Prime as sub-custodian, while Samsung says it will not hold customer funds.
Samsung Wallet will introduce USDC transfers for eligible US Galaxy users starting in the last week of October, extending stablecoin access to a compatible-device base of 82 million. The service will support transfers to external crypto wallets and exchanges, alongside payouts to qualifying bank accounts in more than 60 countries.
Samsung Electronics America announced the rollout on October 7. Bastion will provide stablecoin infrastructure, custody and money-movement services, with Coinbase serving as its USDC sub-custodian through Coinbase Prime Vault. Solana and Sui are named among the blockchain network partners.
The 82 million figure refers to US Galaxy devices compatible with Samsung Wallet. It is a potential distribution base, rather than a count of customers who have opened stablecoin accounts. Registration, identity checks and device requirements will determine who can actually use the feature.
Wallet Transfers and Bank Payouts Have Different Fees
Eligible users will be able to send USDC from Samsung Wallet to third-party wallets or exchange accounts that support the token on a network available through the service. Samsung says it will not charge a fee for those external-wallet transfers.
That does not make every part of a transfer free. Receiving wallet providers or exchanges may impose their own charges, and transaction speed will depend on blockchain network conditions. Samsung also says transfers to sanctioned jurisdictions are prohibited.
The bank-account option works differently. Bastion will convert USDC and route the payout through local regulated partners, allowing a qualifying recipient to receive local currency without opening a crypto wallet. The supported-country list will appear inside Samsung Wallet.
These international bank transfers carry fees that vary by destination and amount. The app will display the charge and an estimated delivery time before the sender confirms. Bank eligibility also varies, so coverage of more than 60 countries does not mean every account in those countries will be supported.
The distinction matters for the service’s main use case: a sender can choose between moving USDC to another compatible crypto account and delivering conventional currency to a bank account. The destination, conversion and payout arrangements determine the experience.
Bastion and Coinbase Handle the Assets
Samsung is making the feature accessible through its wallet interface while regulated partners provide the financial services behind it. The company expressly says it is not a bank, money transmitter or digital-asset custodian, and does not hold customer funds. The financial partners’ terms will govern use of the stablecoin service.
In its own announcement, Bastion describes responsibility for stablecoin accounts, custody, user-balance records and execution of USDC transfers. It also handles identity screening, blockchain-address checks and transaction monitoring for fraud, money laundering and sanctions exposure.
Coinbase Prime Vault sits within that arrangement as the USDC sub-custody service. Users will not need to install a separate crypto app or manage private keys themselves. Access through a Galaxy device therefore comes with partner-managed custody, rather than a self-custody model in which the customer alone controls the keys.
Bastion says transfers can be initiated only from a registered device and require the user’s biometric authorization. Its infrastructure checks the device signature accompanying a transfer request, linking the instruction to the enrolled hardware.
The two companies also identify Solana and Sui as network-support partners. USDC will be the first supported stablecoin and the default dollar token shown when users select the purchase function. Samsung has not announced a broader list of stablecoins for the initial rollout.
Who Can Use the October Rollout?
At launch, the service will be restricted to eligible US residents aged 18 or older with a Samsung Account and a compatible Galaxy device running Android 13 or later. Users must register, complete identity verification and set up biometric authentication.
The US launch eligibility applies to senders using the feature. Separately, the bank-payout network reaches qualifying recipients abroad. Those are different geographic limits, and the announcement does not open stablecoin accounts to Samsung Wallet users worldwide.
Samsung’s stated launch window is the last week of October, rather than an exact activation date. As of the announcement, the company is describing an upcoming service. Its scale will depend on adoption among eligible device owners after availability begins.
Payments Could Follow Cross-Border Transfers
CoinScreamer previously covered Samsung’s native stablecoin plan. The new announcement supplies the launch window, first supported token, custody partners and transfer conditions that make the initial offering more concrete.
The rollout also builds on Samsung’s relationship with Coinbase. In July 2025, Samsung introduced Samsung Pay as a payment and deposit option inside the Coinbase app. The upcoming service brings stablecoin account functionality into Samsung Wallet itself.
Samsung says later capabilities may include online stablecoin payments and in-store purchases made by tapping a compatible Galaxy device. Expansion into other markets is also a possibility, subject to local regulatory developments. Neither merchant-payment functionality nor additional launch markets have a confirmed timetable in the announcement.
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