Samsung will add stablecoin functionality to Samsung Wallet as part of a broader push into blockchain-based payments, but has yet to confirm which digital tokens, networks or regions will be included in the rollout.
The move, revealed during the company’s latest Galaxy Unpacked event, marks the next phase in Samsung Electronics’ effort to turn its Wallet service into a single hub for payments, rewards and digital assets on Galaxy devices.
Product manager Lee Dinham told the event that Samsung Wallet will be extended “beyond cash and savings” to incorporate stablecoins, with the company aiming to become one of the first major smartphone brands to offer native, device-level support for such assets. The upgrade is intended to let users move digital value directly from their phones in much the same way they currently make contactless payments.
No launch timetable or partner list
Samsung has not named any of the stablecoins it is considering, given a launch date for the feature or specified which partners will help deliver it.
The company also declined to set out the underlying technical framework. It has yet to reveal which blockchain networks will be supported, what types of reserve-backed assets might underpin the stablecoins involved, or how availability will vary by market. According to Cointelegraph, Samsung did not respond to a request for further comment before publication.
Even without those details, the announcement underlines how Samsung is weaving digital assets into its broader mobile ecosystem rather than treating stablecoins as a one-off experiment.
Growing ties with Coinbase
The planned Wallet expansion follows a series of crypto-related launches over the past year.
In October 2025, Samsung deepened its collaboration with U.S. crypto exchange Coinbase, enabling Galaxy users in the United States to buy cryptocurrencies directly from within Samsung Wallet. The integration covered more than 75 million Galaxy customers at launch, with both companies stating they intended to take the service to additional countries over time.
At the time, Coinbase Chief Business Officer Shan Aggarwal said the tie-up brought together Samsung’s global reach and Coinbase’s trading infrastructure to lower the barriers to accessing digital assets. Samsung backed the initiative with promotions for new users, including a three-month Coinbase One subscription and trading credits for eligible first-time crypto purchases made through Samsung Wallet.
Wallet becomes broader financial hub
Alongside its crypto features, Samsung Wallet has been steadily evolving into a more comprehensive financial and identity application.
The service already stores payment cards, digital ID documents, loyalty and rewards schemes and other credentials. More recently, Samsung has introduced Galaxy Card as another financial product connected to the same ecosystem, further tightening the link between Galaxy hardware and its financial services offerings.
Expansion into South Korea’s digital asset sector
Samsung has also increased its exposure to South Korea’s wider digital asset industry through a series of strategic investments and partnerships focused on blockchain infrastructure.
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 cryptocurrency exchange. ETNews reported that the three Samsung affiliates paid 612.8 billion won (around $408m) for 1.39 million Dunamu shares.
The deal coincided with South Korea’s efforts to introduce legislation covering stablecoins, tokenized securities and digital asset service providers. Samsung Securities said it aimed to work with Dunamu on issuing tokenized securities and providing digital asset services. Samsung Card highlighted potential cooperation on digital asset payments and the possibility of won-backed stablecoins via Samsung’s Monimo financial platform. Samsung SDS set out plans to combine its cloud, AI and cybersecurity expertise with Dunamu’s blockchain technology.
Keeping distance from external stablecoin projects
Despite its growing involvement in digital assets, Samsung has adopted a cautious stance towards some third-party stablecoin initiatives.
Earlier this month, the company moved to distance itself from Open Standard’s proposed OUSD stablecoin consortium after being listed as one of more than 140 founding partners. South Korean newspaper Chosun reported that a Samsung official said the firm had not held formal discussions with Open Standard and did not know what role it was expected to play.
Other organisations named by Open Standard – including Dunamu, Shinhan Bank and K-Bank – also told Chosun they were still examining the proposal and had not formally committed to joining, raising doubts over the consortium’s announced membership.
Focus on in-house integration
Set against that backdrop, Samsung’s latest announcement concentrates firmly on bringing stablecoins into its own Wallet platform rather than helping to run an external governance structure for a new token.
The company has still not said which stablecoins will ultimately be supported, which territories will receive access first or when the functionality will go live for users. However, the planned integration signals another step in Samsung’s strategy to embed blockchain capabilities across its mobile services, positioning Samsung Wallet as a central point for managing both traditional and digital forms of value.
