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Coinbase just supercharged crypto accessibility by embedding its elite Coinbase One service directly into Samsung Wallet, unlocking seamless benefits for over 75 million Galaxy users nationwide.
Coinbase and Samsung Drive Crypto Access to 75 Million Galaxy Users
Global technology and financial trends continue to intersect as major consumer brands integrate digital asset services into mainstream platforms. Coinbase (Nasdaq: COIN) announced on Oct. 3 that it has integrated its subscription service, Coinbase One, into Samsung Wallet for Galaxy users in the U.S. The development extends exclusive access to more than 75 million device owners, with both firms planning to roll out the service globally in the near future.
Shan Aggarwal, chief business officer at Coinbase, stated:
Together with Samsung, we’re pairing their global scale with Coinbase’s trusted platform to deliver the best value for people to access crypto — starting with more than 75 million of Galaxy users across the U.S., and soon around the world.
Coinbase One includes benefits such as zero trading fees, enhanced staking rewards, loss protection against unauthorized transfers, and priority customer support.
In addition, Coinbase Pay is now enabled in Samsung Pay, offering Galaxy users broader ways to access crypto services.
Drew Blackard, senior vice president of mobile product management at Samsung Electronics America, highlighted the reasoning behind the move:
Samsung Wallet is a trusted tool to millions of Galaxy users, and we’re continually working to find creative ways to enhance the experience with added functionality. Coinbase is a leader in the industry, which made them the ideal partner to provide our users with seamless access to crypto.
While critics caution that reliance on centralized platforms may increase exposure to risks, advocates argue that these collaborations create the foundation for more mainstream adoption and integration of digital assets worldwide.