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Samsung and Solana Partner on Stablecoin Initiative Covering 82 Million Devices

The effort aims to bring blockchain into routine transactions. Jamal Raees said Samsung’s payment-solutions decision reflected Solana’s speed, low costs and continuous availability.

Updated 1 min read
A commuter checks a smartphone outside an office campus in Suwon, South Korea. / TokenPost.ai
A commuter checks a smartphone outside an office campus in Suwon, South Korea. / TokenPost.ai

A stablecoin payments initiative between Samsung and Solana covers 82 million Samsung devices and aims to bring blockchain into routine transactions.

Jamal Raees, the Solana Foundation’s general manager of payments, tied Samsung’s payment-solutions choice to Solana’s fast transaction processing, low costs and continuous availability.

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