Thursday, 8 October 2026
The Global Post EmblemThe Global Post
Advertisement
Front Page/Crypto/Samsung integrates USDC to overhaul cross-border remittances for 82.
Cryptovia CoinDesk
8 October 2026 at 08:39•3 min read

Samsung integrates USDC to overhaul cross-border remittances for 82.

Samsung integrates USDC to overhaul cross-border.

Samsung integrates USDC to overhaul cross-border remittances for 82.

High-resolution curated imagery via CoinDesk wire syndication.

Executive Takeaways • Key Intelligence
  • ▪Strategic intelligence desk confirms key developments surrounding Eligible users will be able to send USDC abroad or send loca.
  • ▪International stakeholders analyze: Samsung is turning its wallet app into a cross-border payments tool by allowing
  • ▪Multilateral policy, financial liquidity, and regulatory frameworks face direct realignments.
Advertisement

In an authoritative intelligence dispatch verified through CoinDesk, significant international developments have emerged regarding Samsung integrates USDC to overhaul cross-border remittances for 82 million Galaxy users. Observers across key diplomatic, corporate, and policy corridors are actively parsing the immediate impact, as corroborated by verified wire filings.

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.

Institutional Wire Intelligence • Regulatory Dossier

Official Regulatory Filing & Market Intelligence Briefing

Access primary documentation and contextual market analysis for this dispatch.

Access Dossier

“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.

Advertisement

Advertisement

” 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 underlying blockchain network support.

Coinbase will custody the stablecoin through Coinbase Prime Vault, while Bastion will provide the regulated stablecoin infrastructure. Through this integration, users will be able to send Circle’s stablecoin, USDC, the world’s second-largest dollar-pegged token preferred by institutions for its strong regulatory backing.

Use of stablecoins in cross-border transactions has expanded robustly this year due to low transaction costs, according to the IMF's annual report. Galaxy users can seamlessly send USDC to compatible crypto wallets abroad or directly to eligible bank accounts in more than 60 countries, with recipients receiving the funds in local currency.

Advertisement

Advertisement

Samsung will not charge any fees for USDC transfers to compatible external wallets, although recipient wallets or exchanges may charge a fee of their own. For users, the product strips out much of the crypto setup normally required to send stablecoins.

Samsung said customers will fund transfers through integrated on- and off-ramps, and biometric authentication on a registered Galaxy device will be required to send funds. The rollout turns Samsung’s broader stablecoin ambitions into a consumer product.

Samsung said in August it planned to add stablecoin savings and payment features to hundreds of millions of Galaxy phones, a move that analysts told CoinDesk could make the company a major distributor of digital dollars. S. launch is its first large-scale deployment.

Advertisement

Advertisement

The underlying catalysts behind these events trace back to evolving structural dynamics across the Crypto landscape. Over recent quarters, multilateral authorities and market participants have navigated mounting volatility, heightening the urgency of coordinated responses and policy alignment.

Senior analysts and industry stakeholders underscore that strategic transparency remains paramount. As institutional delegations evaluate risk models and operational contingencies, secondary dispatches indicate that further compliance directives and consultative reviews will be initiated in the coming cycle.

Broader economic and regulatory ramifications are projected to ripple across interconnected regional ecosystems. Market analysts note that supply chains, capital allocations, and policy frameworks must swiftly assimilate these verified updates to insulate against systemic bottlenecks.

Advertisement

Advertisement

The Global Post's editorial desk will continue rigorous monitoring of this developing story, with periodic updates provided as official statements and primary documentation are released by relevant governing bodies.

Topical Tags:#Crypto#CoinDesk#Global News#Market Analysis
Primary wire reporting curated via CoinDesk.
Advertisement

Related Dispatches in Crypto

Standard Chartered to expand institutional crypto and RWA custody to.
Crypto
via CoinDesk
31m ago•1 min read

Standard Chartered to expand institutional crypto and RWA custody to.

In an authoritative briefing verified via CoinDesk, The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements. Standard Chartered plans to offer custody in Singapore for selected cryptocurrencies, stablecoins and tokenized real-world assets, expanding a digital asset business that already reaches financial hubs including the United Arab Emirates (UAE), Luxembourg and Hong Kong. The service, which remains subject to applicable regulatory requirements, would be available to institutional clients and accredited investor. Global policy observers continue assessing the strategic trajectory and broader market reverberations.

#Crypto#CoinDesk
Details →
Greece prepares to levy 10% capital gains tax on cryptocurrency
Crypto
via CoinDesk
46m ago•1 min read

Greece prepares to levy 10% capital gains tax on cryptocurrency

In an authoritative briefing verified via CoinDesk, Crypto gains of up to 500 euros ($560) a year would be exempt under the bill, which will be submitted to parliament in November. Greece is preparing to impose a 10% capital gains tax (CGT) on cryptocurrency, Reuters reported on Thursday, citing a draft bill published for public consultation. Gains of up to 500 euros ($560) a year would be exempt under the bill, which will be submitted to parliament. Global policy observers continue assessing the strategic trajectory and broader market reverberations.

#Crypto#CoinDesk
Details →
Crypto investment firm Deus X Capital shuts down as backers pursue.
Crypto
via CoinDesk
2h ago•1 min read

Crypto investment firm Deus X Capital shuts down as backers pursue.

In an authoritative briefing verified via CoinDesk, CEO Tim Grant will lead AI venture TensorX, while CIO Stuart Connolly stays to oversee the firm’s formal unwind in January. Crypto and fintech investment firm Deus X Capital has ceased operations as its backers pursue separate investment strategies, the company told CoinDesk. The company, led by former Galaxy Digital (GLXY) executive Tim Grant, will formally unwind on Jan. 31, 2027. Chief Investment Officer Stuart Connolly will remain to oversee. Global policy observers continue assessing the strategic trajectory and broader market reverberations.

#Crypto#CoinDesk
Details →
Ripple is earning fees financing leveraged stock bets, a business long.
Crypto
via CoinDesk
3h ago•1 min read

Ripple is earning fees financing leveraged stock bets, a business long.

In an authoritative briefing verified via CoinDesk, The crypto company's $1.25 billion acquisition of Hidden Road has opened a corner of Wall Street where funds pay to amplify daily moves in stocks such as Nvidia and Sandisk. Ripple is expanding into the business of financing leveraged stock exchange-traded funds, putting the crypto company in a market long dominated by major banks and securities firms. Its prime brokerage division, Ripple Prime, is supplying financing for funds that let. Global policy observers continue assessing the strategic trajectory and broader market reverberations.

#Crypto#CoinDesk
Details →
Bitcoin loans are paying for tuition and working capital, not just.
Crypto
via CoinDesk
4h ago•1 min read

Bitcoin loans are paying for tuition and working capital, not just.

In an authoritative briefing verified via CoinDesk, Bitcoin-backed lending is evolving into a mainstream source of credit, with borrowers using BTC to access liquidity without selling. Bitcoin-backed finance is maturing beyond trading and increasingly resembles traditional lending. Loans taken by locking up bitcoin BTC$82,665.52 as collateral are increasingly used to fund real-world expenses such as tuition fees, slow months, and business cash, according to two long-standing lenders. "What I am seeing, both in the conversations I'm having. Global policy observers continue assessing the strategic trajectory and broader market reverberations.

#Crypto#CoinDesk
Details →
Ethereum’s Glamsterdam test runs near 200 million gas per block after.
Crypto
via CoinDesk
5h ago•1 min read

Ethereum’s Glamsterdam test runs near 200 million gas per block after.

In an authoritative briefing verified via CoinDesk, The Sepolia rehearsal has raised its processing budget more than threefold, but sampled blocks used less than half that allowance. Ethereum's Glamsterdam upgrade is running on a public test network with a processing budget more than three times its previous level, as developers test changes intended to give the blockchain room for more payments and trades. The upgrade activated Tuesday on Sepolia, where developers try software with tokens that carry. Global policy observers continue assessing the strategic trajectory and broader market reverberations.

#Crypto#CoinDesk
Details →