Citing interviews with analysts, CoinDesk said Samsung’s addition of stablecoin support to smartphones could make it a major stablecoin distributor. By placing this capability in its Samsung Wallet, the company can introduce new users to stablecoins, according to the report. Samsung Securities agreed to take a 2% stake in Dunamu, while Samsung Card and Samsung SDS each agreed to take a 1% stake, according to the report. PYMNTS reported in July that Samsung teamed with Barclays to roll out its first credit card. The Samsung Galaxy Card will run on Visa’s network, will be available in both virtual and physical card formats, and is designed to integrate with Samsung’s digital wallet.