Bitcoin monthly inflows near $5B, but existing holders did most of the lifting
Existing holders driving Bitcoin's value increase suggests potential market vulnerability, as reliance on internal trading may limit sustainable growth. The post Bitcoin…
Samsung Wallet will let eligible U.S. Galaxy users send stablecoins across borders without a separate crypto app. Continue reading at DailyCoin.
Samsung is bringing stablecoin transfers closer to everyday users through Samsung Wallet, with Solana providing blockchain infrastructure behind the scenes. Starting in the last week of October 2026, eligible Galaxy users in the United States will be able to send USDC across borders directly through Samsung Wallet. The feature will initially be available on up to 82 million U.S. Galaxy devices compatible with Samsung Wallet, according to Samsung and Solana. USDC Transfers Built Into Samsung Wallet The partnership represents a significant shift in how mainstream mobile users interact with decentralized networks. By embedding Solana directly into the Samsung Wallet on tens of millions of devices, Samsung is removing traditional onboarding friction like seed phrase management, manual network RPC setups, and third-party wallet installations. The key difference is that users will not need to open a separate crypto application or manage a standalone wallet interface. Stablecoin functionality will be integrated directly into Samsung Wallet, the same app users already use for cards, boarding passes and other digital credentials. Eligible users will be able to send USDC to compatible crypto wallets internationally. Samsung says the service will also support transfers to qualifying bank accounts in more than 60 countries, with recipients able to receive funds in local currency. Fees and availability may vary for bank transfers depending on the destination and recipient’s eligibility. USDC will be the first stablecoin supported by the new functionality. Samsung says stablecoin accounts, custody and money movement services will be provided by regulated partners, including Bastion and Coinbase. The launch is scheduled for the last week of October and is limited to eligible U.S. users. Solana’s Growing Role in Institutional Payments Samsung’s choice of network aligns with Solana’s recent traction as a settlement layer for digital assets. High throughput and low network fees have made the blockchain an increasingly popular platform for stablecoin issuers and fintech applications. The Solana Foundation says its network processed more than $5.25 trillion in stablecoin volume in 2026 alone, while stablecoin supply on the network has increased by nearly 20% year over year. Solana blockchain is also being used by companies including PayPal and Western Union for stablecoin-related activity, according to Solana. What It Means for Solana Samsung Wallet gives the Solana network a consumer-facing channel on a large installed base of U.S. devices, at a time when most of its stablecoin activity comes from crypto-native and institutional users. Solana Foundation President Lily Liu framed the deal as a step toward stablecoins becoming a mainstream way to move money rather than a crypto-only product. “Samsung’s decision to work with Solana puts digital dollars into everyday life through one of the world’s most trusted technology brands,” said Lily Liu. “We’re seeing the moment when stablecoins stop being a crypto product and start being how people move money.” According to CoinGecko’s report, despite Solana’s substantial trading activity and large market capitalization, its CEX market depth has deteriorated since 2025. SOL liquidity fell more than 28.5% year over year, from roughly $28M to about $20M on each side of the order book across the analyzed exchanges. Title: Samsung Taps Solana for USDC Transfers Across 82 Million Galaxy Devices Samsung is bringing stablecoin transfers closer to everyday users through Samsung Wallet, with Solana providing blockchain infrastructure behind the scenes. Starting in the last week of October 2026, eligible Galaxy users in the United States will be able to send USDC across borders directly through Samsung Wallet. The feature will initially be available on up to 82 million U.S. Galaxy devices compatible with Samsung Wallet, according to Samsung and Solana. USDC Transfers Built Into Samsung Wallet The partnership represents a significant shift in how mainstream mobile users interact with decentralized networks. By embedding Solana directly into the Samsung Wallet on tens of millions of devices, Samsung is removing traditional onboarding friction like seed phrase management, manual network RPC setups, and third-party wallet installations. The key difference is that users will not need to open a separate crypto application or manage a standalone wallet interface. Stablecoin functionality will be integrated directly into Samsung Wallet, the same app users already use for cards, boarding passes and other digital credentials. Eligible users will be able to send USDC to compatible crypto wallets internationally. Samsung says the service will also support transfers to qualifying bank accounts in more than 60 countries, with recipients able to receive funds in local currency. Fees and availability may vary for bank transfers depending on the destination and recipient’s eligibility. USDC will be the first stablecoin supported by the new functionality. Samsung says stablecoin accounts, custody and money movement services will be provided by regulated partners, including Bastion and Coinbase. The launch is scheduled for the last week of October and is limited to eligible U.S. users. Solana’s Growing Role in Institutional Payments Samsung’s choice of network aligns with Solana’s recent traction as a settlement layer for digital assets. High throughput and low network fees have made the blockchain an increasingly popular platform for stablecoin issuers and fintech applications. The Solana Foundation says its network processed more than $5.25 trillion in stablecoin volume in 2026 alone, while stablecoin supply on the network has increased by nearly 20% year over year. Solana blockchain is also being used by companies including PayPal and Western Union for stablecoin-related activity, according to Solana. What It Means for Solana Samsung Wallet gives Solana network a consumer-facing channel on a large installed base of U.S. devices, at a time when most of its stablecoin activity comes from crypto-native and institutional users. Solana Foundation President Lily Liu framed the deal as a step toward stablecoins becoming a mainstream way to move money rather than a crypto-only product. “Samsung’s decision to work with Solana puts digital dollars into everyday life through one of the world’s most trusted technology brands,” said Lily Liu. “We’re seeing the moment when stablecoins stop being a crypto product and start being how people move money.” According to CoinGecko’s report, despite Solana’s substantial trading activity and large market capitalization, its CEX market depth has deteriorated since 2025. SOL liquidity fell more than 28.5% year over year, from roughly $28M to about $20M on each side of the order book across the analyzed exchanges. Source: CoinGecko Solana (SOL) is trading at around $114.90 as of October 8, down roughly 3% over the past 24 hours. The token has also slipped about 3.4% over the past week, though it remains around 12% higher than a month ago. Why This Matters The Samsung-Solana partnership puts stablecoin transfers inside a Samsung Wallet app on a large base of U.S. smartphones, testing whether mainstream users adopt USDC for everyday money movement. For Solana, it opens a consumer channel beyond its crypto-native and institutional user base. Discover DailyCoin’s hottest crypto news today:Bitcoin Falls Below $83K—Could a $75K Be Next?Here’s How Cardano Millionaires Stirred The Pot Again
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