Stripe is now processing USDC purchases inside Samsung Wallet's Stablecoin Account for eligible US users, with Samsung Pay, credit and debit cards, and ACH bank payments among the funding methods, the payments company said on Nov. 5, 2026. The service lets Galaxy owners convert dollars into the Circle-issued stablecoin within the wallet app.
Samsung announced the feature on Oct. 7 with a rollout planned for late October, and Stripe's disclosure confirms the live purchase methods. Stripe's cited reach of 82 million US Galaxy devices measures compatible hardware.
How users add funds
To add money, users open the Stablecoin Account and tap Top up, according to Samsung's support FAQ. Bank accounts and cards must be in the user's own name, and dollars added through those methods become USDC.
Users can also fund through Coinbase or receive USDC from an external wallet on a supported network. The Coinbase route opens a Coinbase webpage, where its terms and fees apply to transactions using an existing balance or an available saved payment method.
The account can hold, send, and receive USDC, while withdrawals to a bank account or debit card convert it back to dollars.
Eligibility and identity checks
Users must be at least 18 and live in a US jurisdiction where the service is available. New York residents are excluded, and each person can hold only one account in their own name.
An eligible Samsung Wallet device must run Android 13 or later and have built-in fingerprint authentication enabled. Fingerprints are required both to access the account and approve transactions.
Account opening requires identifying details including a name, address, birth date, and taxpayer identification number. Applicants may also be asked for government ID, a selfie, occupation or source-of-funds information. Stripe says its purchase flow handles identity verification, compliance and fraud prevention.
Fees and custody
Samsung says there is no opening fee, but funding, withdrawal and sending charges and processing times vary by method and destination. Fees are displayed before confirmation in Wallet or the provider's webpage, and banks, card issuers or external wallet providers may impose separate charges.
The October announcement said Samsung does not charge for USDC transfers to external wallets, although recipient providers may charge. Limits can vary by method, destination and account status, and a maintenance fee may apply after more than a year of dormancy.
Samsung says Bastion provides the custodial wallet, digital-asset transfers and international remittances, with USDC held in Coinbase's institutional custody under Bastion's arrangement. Stripe, affiliates and partners including Bridge process bank and card purchases, while Coinflow and its providers process bank and debit-card withdrawals.
Risk disclosures
The Stablecoin Account is not a bank account, and Samsung says USDC balances and rewards lack FDIC, NCUA and SIPC protections.
Samsung warns that external transfers require matching USDC network support and that an unsupported asset or wrong network can result in permanent loss of funds.
