GENIUS Act factored into Samsung stablecoin move, Solana Foundation exec says

AI Market Summary
Solana Foundation confirms Samsung Wallet will offer native USDC stablecoin transfers on Solana rails to 82 million US Galaxy devices from late October. The GENIUS Act is cited as the catalyst, signaling regulated mainstream stablecoin adoption. Constructive for SOL payments and stablecoin-infrastructure narratives, though near-term price impact hinges on actual usage traction.
Impact level
● Medium
Affected assets
SOL/USDT-1.20%
AI Insight · SOL/USDTAI Insight
▲ Bullish
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Samsung is bringing USDC on Solana to 82 million US Galaxy devices. Solana Foundation Lu Yin says the GENIUS Act made now the moment.