Samsung Puts Stablecoins on 82M Galaxy Devices; BTC Slides on Hot CPI

Samsung Wallet is set to support USDC transfers on Solana in the last week of the month across 82 million Galaxy devices in the United States, without requiring users to install a new app. Nick Dukoff said users will be able to send USDC worldwide in seconds without a Samsung transfer fee. They can also send funds to bank accounts in more than 60 countries, where recipients can receive local currency without needing a crypto wallet. Dukoff did not specify the custody arrangement.

Dukoff said Solana has more than $15 billion in stablecoin supply and leads blockchains in stablecoin transfer volume. He said AI agents use Solana stablecoins more than those on any other blockchain, citing speed, low cost, reliability, decentralization, and global fiat on- and off-ramps. He thinks agents may use stablecoins more than people in about three years, while allowing that adoption could take longer than early adopters expect.

Bitcoin was around $80,000 after hot CPI data. David Duong said markets focused especially on core CPI because the Fed pays attention to it, and that the print derailed expectations for a Fed pause in October. He said it did not mean inflation was running away and was not, in his view, what was driving the Fed outlook. Long-term yields had been in focus, while inflation expectations in breakeven curves were close to target; strong growth was supporting stocks and crypto.

Bitcoin had failed to break $87,000 before falling back to $80,000. Duong attributed the pullback partly to long-term holders selling after prices recovered to their entry levels, and partly to institutional ETF positioning. He said consolidation could continue, though ETF inflows had resumed after earlier outflows. He expects accumulation to return and Bitcoin to move above $85,000 toward six figures by year-end, and does not consider the market to be in a bear phase.

Anthony Moro said Home tokenizes mortgage-backed bonds tied to FIGUR-originated home-equity loans, with Nuva and Animoca Brands involved. The product targets a 7% annual yield and lets non-U.S. investors participate with as little as 1 USDC under Regulation S. It is unavailable to U.S. investors because the assets are not SEC-registered. Moro said the dashboard showed the portfolio’s first 98 loans and loan-level details, while personally identifiable information remains off-chain.