Citing interviews with analysts, CoinDesk said Samsung’s addition of stablecoin support to smartphones could make it a major stablecoin distributor. By placing this capability in its Samsung Wallet, the company can introduce new users to stablecoins, according to the report.

Samsung’s acquisition of a stake in Dunamu, the operator of the Upbit cryptocurrency exchange, suggests Samsung is interested in entering the digital asset infrastructure businesses as well as the…