As reported by a reputable news source on August 30, the latest flagship smartphone from Samsung now accommodates three stablecoins: TrueUSD (TUSD), Maker (MKR), and USD Coin (USDC).
33 Cryptocurrencies Supported
In addition to the new stablecoin support, the Samsung Galaxy S10 now reportedly supports Basic Attention Token (BAT). BAT is the native token of the blockchain-based internet browser Brave, which rewards users for engaging with advertisements.
With the inclusion of these new additions, the digital wallet on Samsung’s latest device now supports a total of 33 digital currencies. This comprehensive list includes Bitcoin (BTC), Binance Coin (BNB), and Ether (ETH).
As previously reported, the supported currencies also encompass KuKoin Shares (KCS), NEM (XEM), Kyber Network (KNC), Qtum (QTUM), and native tokens from cryptocurrency payments startup Pundi X following the integration of their XWallet.
Industry Reactions
“Not a minor development, indeed,” Zhao stated. “It’s spreading. Guess which phone I’ll be buying and recommending to my friends!”
Blockchain Advancements in Smartphones
On August 27, China Telecom, a prominent telecommunications company, unveiled a white paper exploring blockchain-powered smartphones in the advent of the 5G era. The paper outlines a project for a SIM card-based blockchain digital asset management system.
This integration of blockchain technology into smartphones is a testament to the growing adoption and versatility of cryptocurrencies. As the tech industry continues to embrace these advancements, we can anticipate further innovations and mainstream acceptance of digital assets.