Samsung Wallet launches new stablecoin accounts for Galaxy devices

So, while Washington is reviewing the financial plumbing here, Samsung's putting a stable coin purchase button in consumer's hands. Pretty big story here.

Samsung Wallet launches USDC accounts on Solana for US Galaxy users. Samsung's wallet's stable coin account lets eligible US Galaxy users buy, hold, send and receive USDC on Solana via the app.

So this was actually announced by Stripe on November 5th because it's their crypto onramp powers uh powers purchases in Samsung Wallet stable coin accounts. So it's powered by Stripe going through Samsung Wallet.

But this is huge because Samsung says that 82 million US Galaxy devices are compatible with this stable coin feature.

That does not mean 82 million people are going to use this, but it means 82 million people can. It's right there in the wallet that they already have their phone, right next to their credit cards and everything that they're already using to make payments.

says Coinbase serves as subcustodian through Coinbase Prime, and Samsung's announced functionality includes transfers to compatible wallets and eligible bank accounts in more than 60 countries.

This is a indication of what we're likely to see in the future, which is that stable coins are going to be integrated into every single payment platform on planet Earth because they're faster, they're cheaper, and they are more efficient, right?

Does this mean that like Solana is going to go up? Obviously, it does not necessarily mean that.

But it does mean that stable coins are going to take over and as things become tokenized and as USDC and USDT and others are added to stable coin and wallets on phones like this,

that's a preview of what's going to happen with tokenized stocks and tokenized assets and what you're going to be able to do when all of these things are on the same blockchain rail.