Samsung launches Samsung Wallet Stablecoin Account with Stripe, Coinbase, Circle

Samsung has introduced a direct route to over 80 million consumers for stablecoins through its Samsung Wallet Stablecoin Account, utilizing Stripe for purchases, Coinbase for custody, and Circle for issuing digital dollars. Meanwhile, Circle's third-quarter earnings revealed that despite a 49% increase in on-chain transaction volume, reserve income declined due to lower interest rates and ecosystem costs remained high. The developments highlight how stablecoin wars are shifting toward a distribution business where capturing customer economics remains a central challenge. Open article →