Samsung is turning its wallet app into a cross-border payments tool by allowing eligible users to remit USDC to other wallets and bank accounts starting in the last week of October.

“Sending money abroad should feel as convenient as using the wallet already on your phone,” Woncheol Chai, Samsung Electronics’ head of its digital-wallet team, said. “We’re bringing USDC transfers into Samsung Wallet so eligible Galaxy users can get started without installing another app or managing private keys themselves.”

The feature will be available on 82 million Galaxy devices across the United States and will be fully compatible with the Samsung Wallet, which is already used for cards, IDs and boarding passes, Solana said in a statement announcing its partnership with Samsung on Wednesday.

To power the initiative, Solana and Sui will provide the underlying blockchain network support. Coinbase will custody the stablecoin through Coinbase Prime Vault, while Bastion will provide the regulated stablecoin infrastructure.

Through this integration, users will be able to send Circle’s stablecoin, USDC, the world’s second-largest dollar-pegged token preferred by institutions for its strong regulatory backing. Use of stablecoins in cross-border transactions has expanded robustly this year due to low transaction costs, according to the IMF's annual report.

Galaxy users can seamlessly send USDC to compatible crypto wallets abroad or directly to eligible bank accounts in more than 60 countries, with recipients receiving the funds in local currency. Samsung will not charge any fees for USDC transfers to compatible external wallets, although recipient wallets or exchanges may charge a fee of their own.

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