Samsung integrates USDC to overhaul cross-border remittances for 82 million Galaxy users
Source: CoinDesk ·
From the source
Eligible users will be able to send USDC abroad or send local-currency payouts to bank accounts in more than 60 countries, starting late October. 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…