“By doing so, Samsung Wallet becomes the foundation for an interconnected financial ecosystem across Galaxy devices and services — where it combines payments, rewards, and digital assets into a single unified experience,” he said.

If it follows through, over 800 million would potentially have access to Galaxy’s stablecoin features and other crypto without requiring a separate crypto app or exchange account. Already, there are over one billion active Samsung smartphones worldwide.

Stablecoins and infrastructure

During its Q2 earnings call last week, Samsung SDS CEO Lee Jun-hee said that the company’s stake in crypto exchange Upbit operator Dunamu is a strategic investment to enter the digital asset infrastructure business, including…