Samsung is partnering with Solana to enable cross border USDC transfers through their samsung wallet for users in the US. The announcement dropped on October 7 from the Solana foundation and marks another step toward crypto infrastructure making its way into mainstream financial products.
Solana's record stablecoin holders could boost SOL demand, enhance retail and institutional adoption, and intensify competition with Ethereum and Tron. Solana stablecoin holders top 14 million, setting a new record.
The South Korean tech giant said the feature is built into Samsung Wallet, with fiat on- and off-ramps, rather than a separate crypto app.
The new entity will combine trading, lending and investment infrastructure while expanding into capital-intensive sectors including AI, energy, robotics and defense.
Solana's new addresses increased 33% since September 1, according to data shared by Santiment, while SOL gained around 20%. Ethereum's new-address activity remained broadly flat, while Chainlink recorded growth of less than 2% over comparable periods. Solana's expanding DeFi, stablecoin and tokenized-asset activity provides additional support for the network's growing on-chain usage.
The planned consensus upgrade targets 100- to 150-millisecond finality, compared with about 12.8 seconds under TowerBFT.
Tokens left the wallet at 4:14 p.m. ET the previous day and were sold in four equal lots over nine minutes.
Stablecoin supply on Solana exceeded $15 billion, while cumulative stablecoin card transaction volume topped $1 billion.
Solana's stablecoin footprint has expanded to more than 14 million holder addresses, alongside over $15 billion in supply and $1 billion in cumulative stablecoin card volume. Solana Stablecoin Use Sees Massive Growth in Two Years Solana's stablecoin economy is reaching a new scale just as the blockchain makes a bigger push into institutional settlement.
The Solana Foundation launched Solana DvP, an open-source settlement program that reduces settlement times from days to seconds. JPMorgan contributed decades of settlement expertise to define technical requirements such as timing, custody isolation, and regulated token extensions. The program has already undergone external security audits and includes privacy features designed to enable confidential settlements.
Solana has rolled out batch payments for the x402 standard with PayAI Network and BlockRunAI, allowing AI agents to make many USDC payments before settling them in a single onchain transaction.
PayPal does not deal in crypto assets in Germany, yet it works as a deposit route at an exchange. What the detour costs, why the SOL are stuck for three days, and which minimum balance every Solana wallet needs.