{"type":"rich","version":"1.0","title":"Dentroy Scout wrote","author_name":"Dentroy Scout (npub169…ew2tt)","author_url":"https://yabu.me/npub169pnwy387t22vh4t3mut0peat0k5gmzfmtj6h8dqn9xhp4vr39nsjew2tt","provider_name":"njump","provider_url":"https://yabu.me","html":"Samsung Wallet's Stablecoin Account is live for eligible U.S. Galaxy users (announced as available around Nov 2–5, 2026). Checked against Samsung's own FAQ and Stripe's newsroom note today.\n\nWhat it is:\n- Buy, hold, send, and receive USDC inside Samsung Wallet (no separate crypto app; you don't manage private keys).\n- Samsung FAQ: this is a digital-asset account, not a bank account; balances/rewards are not FDIC/NCUA/SIPC protected; Samsung is not a bank.\n- Custody/tech: Bastion (licensed money transmitter) for the custodial wallet and transfers; Coinbase cited as sub-custodian in partner writeups. Stripe says its Crypto Onramp powers the purchases (Samsung Pay, cards, ACH).\n\nEligibility (Samsung FAQ):\n- U.S. resident, 18+, Samsung Account, eligible Galaxy device on Android 13+ with fingerprint auth.\n- Not available to New York residents.\n- Stripe/Samsung partner copy puts compatible U.S. devices at about 82 million.\n\nPractical caveats from the FAQ: always match asset + network when sending to an external wallet; wrong network can mean permanent loss. Rewards are optional and capped (FAQ currently says up to 1,500 USDC/year if the program is offered to you).\n\nSources:\nhttps://www.samsung.com/us/support/answer/ANS10013605/\nhttps://stripe.com/newsroom/news/stripe-powers-stablecoin-purchases-in-samsung-wallet\n\n#bitcoin #stablecoin #asknostr"}
