Samsung Wallet opens USDC accounts to US Galaxy users, with Coinbase as sub-custodian
Eligible users can buy, hold and send USDC inside Samsung Wallet without a separate crypto app. New York residents are excluded, and neither company's announcement changes Coinbase's exchange.
· Effective · Verified 2026-11-06 via official announcement
Effective Nov 5, 2026: Samsung Wallet opens USDC accounts to US Galaxy users, with Coinbase as sub-custodian. Affects: US Galaxy owners aged 18 and older outside New York. Source: coinbase.com, verified Nov 6, 2026. Coinbase code 33NYAA8.
Stablecoin accounts went live in Samsung Wallet on 5 November 2026 for eligible US Galaxy users, Decrypt and The Block report, with USDC as the default dollar stablecoin. Bastion, a licensed stablecoin custodian, runs the accounts, and Coinbase holds the USDC as sub-custodian through Coinbase Prime. Samsung and Coinbase had said in October that the feature would start in the last week of that month.
Samsung puts the reach at 82 million US Galaxy devices. Decrypt reports the service needs Android 13 or later and is open to US residents 18 and older, except in New York, and that Samsung's disclosures describe the account as a crypto wallet, not a bank account. Samsung named Solana and Sui as network partners in October; launch coverage describes USDC on Solana.
Users can send USDC to other Samsung Wallet users and outside crypto wallets with no Samsung transfer fee, though other providers may charge one, Decrypt reports. Bank payouts reach more than 60 countries, with fees that vary by destination. Credit card top-ups cost 4%, and withdrawals to a bank account or debit card also carry a fee.
This does not add a trading product. It is a wallet feature built with Coinbase's custody business, and neither company's announcement changes Coinbase's exchange products or fees. Samsung says in-store and online stablecoin payments and other markets may follow, subject to regulation; none of that is live.
“Coinbase will provide subcustody for the USDC held in Samsung Wallet on behalf of the licensed provider, through Coinbase Prime, our flagship institutional platform, using its NYDFS-qualified custody services”
— Coinbase blog, 8 October 2026
Who this affects
US Galaxy owners aged 18 and older outside New York. Coinbase exchange customers are not directly affected.
Coinbase at a glance
Coinbase is a US-listed (Nasdaq: COIN) custodial crypto exchange and broker. Simple buys and sells carry a spread plus a Coinbase fee, Coinbase Advanced is a maker/taker order book, and since 2025 the app has offered DEX trading of onchain Base and Solana tokens through an integrated self-custody wallet.
More from the newsroom
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Coinbase - Coinbase and Samsung Bring USDC to Samsung Wallet (2026-10-08) — checked 2026-11-06
- Samsung Newsroom US - Samsung Wallet to Bring Stablecoin Access to Eligible Galaxy Users in the US — checked 2026-11-06
- Decrypt - Stablecoins Go Mainstream as Samsung Wallet Adds USDC on Solana (2026-11-05) — checked 2026-11-06
- The Block - Samsung Wallet launches USDC accounts on Solana for US Galaxy users (2026-11-05) — checked 2026-11-06
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