Samsung Wallet to add stablecoin support as crypto push expands

Samsung has unveiled plans to add stablecoin support to Samsung Wallet, extending its mobile payment platform into blockchain-based digital value transfers. Summary Samsung has announced plans to add stablecoin support to Samsung Wallet, expanding the app beyond payments and rewards. The company has not disclosed the supported stablecoins, launch timeline or technology partners for the new Wallet feature. The move builds on Samsung’s recent crypto initiatives, including Coinbase integration and investments tied to South Korea’s digital asset market. During the company’s Galaxy Unpacked event, Samsung Electronics said Samsung Wallet will support stablecoins as part of its next phase of development, combining payments, rewards and digital assets within a single mobile experience. The company has not disclosed which stablecoins it will integrate, when the feature will launch or which partners will support the rollout. Speaking at the event, Samsung product manager Lee Dinham said Samsung Wallet will expand beyond cash and savings to include stablecoins. He said the company intends to become one of the first major smartphone brands to offer native stablecoin functionality, allowing use...