Samsung Wallet has launched stablecoin accounts for US users. In the wallet, users can buy, hold, send, and receive USDC on the Solana network without a separate crypto app or private keys. Samsung says the service is available on about 82 million compatible Galaxy devices in the US.
Custody is provided by licensed custodian Bastion, while the funds are held by sub-custodian Coinbase.
Users can send USDC to other Samsung Wallet users and external wallets with no Samsung fee, as well as to bank accounts in more than 60 countries (fees vary by destination).
Continue reading this article on source: decrypt.co