StocksMedium•8 October 2026•
1 min read

Samsung Selects Coinbase to Custody USDC for Samsung Wallet

Key Facts

1Samsung has selected Coinbase to custody USDC as the default stablecoin for the Samsung Wallet.

Samsung has selected Coinbase to custody USDC as the default stablecoin for the Samsung Wallet. Seeking Alpha reported that the partnership aims to integrate regulated stablecoin infrastructure into the Samsung Wallet ecosystem, leveraging Coinbase's institutional custody services.

COIN closed at $178.45 on October 7, 2026, prior to the announcement of the partnership that establishes Coinbase as the custody provider for Samsung users. The move expands the exchange's retail footprint through a major hardware provider, following a session where the stock reached a day high of $181.2 on the same date.