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Financial news and analysis•6 min readPage 6 of 6

Samsung Fixed Stablecoins’ Front Door Problem. Remittance Costs Live Somewhere Else.

Samsung says eligible US Galaxy users will be able to send USDC abroad from the wallet already on their phones starting in the last week of October, across 82 m…

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Farrsal · News for a Smarter Tomorrow
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Samsung Fixed Stablecoins’ Front Door Problem. Remittance Costs Live Somewhere Else.
Article image: Samsung Fixed Stablecoins’ Front Door Problem. Remittance Costs Live Somewhere Else.

Article Highlights

Excerpts from the article

  • Samsung says eligible US Galaxy users will be able to send USDC abroad from the wallet already on their phones starting in the last week of October,…
  • That third figure covers the tier of providers that includes Wise and Remitly, and it is the price Samsung actually has to beat. It sets up a real…
  • The bull case is clean. Stablecoins have been fast and cheap for years, but they sat behind exchange accounts, seed phrases and app downloads. Solana…

If Samsung’s payout lands at or above what Wise already charges, what will 82 million phones have bought the stablecoin industry besides a better-looking button?

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