Samsung Electronics Stock Drops as Trade Risks Hit Global Supply Chains

Samsung said its wallet will expand beyond payment cards, digital IDs, rewards, cash, and savings. The planned update will allow Galaxy users to send, receive, and hold stablecoins through the mobile application.

A USDC interface appeared during the event. It showed transfer, receipt, and top-up tools. Samsung did not confirm that USDC will launch with the service. Therefore, the demonstration only offers a view of the planned feature.

Samsung product manager Lee Dinham said the company wants to place payments, rewards, and digital assets in one application. Samsung Knox will protect the financial tools through device security and end-to-end encryption.

The move builds on Samsung’s October 2025 partnership with Coinbase. That agreement allowed more than 75 million US Galaxy users to buy crypto through Samsung Wallet. New users also received a three-month Coinbase One subscription.

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