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Samsung plans to turn 800 million Galaxy phones into stablecoin wallets, potentially becoming the world's largest stablecoin distribution gateway

Analysts say that Samsung is accelerating its layout of digital asset infrastructure, planning to provide native stablecoin functionality to approximately 800 million Galaxy smartphones through Samsung Wallet, which is expected to become an important distribution channel for stablecoins like USDC. It is reported that Samsung announced at the Galaxy Unpacked 2026 event that it will integrate stablecoin-related features into future devices, including savings and payment accounts linked to fiat currencies. Currently, Samsung Wallet covers 61 countries, with nearly 19 million users in South Korea.Joseph Goh, head of the Asia-Pacific region for crypto investment bank Areta, stated that the core bottleneck for the widespread adoption of stablecoins is not liquidity, but user accessibility. "Distribution channels are the scarce asset, and Samsung has a large number of user entry points." He believes this move could propel Samsung to become a major distributor of stablecoins like USDC. This is not Samsung's first foray into the crypto space. The company launched a digital asset wallet through the Knox security module back in 2019, supporting users in storing assets like Bitcoin and Ethereum, and connecting to Ledger hardware wallets. Additionally, Samsung is strengthening its digital asset infrastructure layout. Samsung SDS CEO Lee Joon-hee previously stated that the company’s investment in Dunamu, the operator of South Korea's largest crypto exchange Upbit, is an important strategic layout for entering the digital asset infrastructure field, including stablecoins and AI payments. In May of this year, Samsung Securities, Samsung SDS, and Samsung Card agreed to acquire approximately 4% of Dunamu, Upbit's parent company, for about $408 million. Analysts believe that Samsung Wallet is responsible for providing user distribution entry points, while infrastructure layouts like Dunamu are responsible for underlying transactions and asset services, suggesting that Samsung may be building a complete ecosystem covering stablecoins, payments, and digital asset services.

Data: In July, the total financing amount in the cryptocurrency market reached 2.235 billion USD, with CeFi and infrastructure leading the way

According to financing data statistics from RootData, in July 2026, the crypto primary market disclosed a total of 46 financing events, with a total financing amount of approximately $2.235 billion, representing a month-on-month increase of about 148.9% compared to approximately $898 million in June, and a year-on-year increase of about 90.0% compared to approximately $1.176 billion in July 2025. The number of financing events increased by 4.5% compared to 44 events in June, but decreased by 41.0% compared to 78 events in the same period last year. Additionally, there were 18 merger and acquisition events not included in the above statistics.From the perspective of sector distribution, CeFi was the highest amount sector this month, completing 9 financings with a disclosed amount of approximately $1.230 billion; the infrastructure sector completed 12 financings with a disclosed amount of approximately $413 million, ranking first in the number of events; DeFi completed 11 financings, but the disclosed amount was approximately $34.25 million, overall showing a characteristic of "active quantity, smaller amounts."The top three projects by financing amount were: Crypto.com ($400 million), Ionic Digital ($400 million), and Securitize ($400 million). In addition, projects such as Augustus ($180 million), Alpaca ($135 million), Prime Intellect ($130 million), and Gauntlet ($125 million) also received significant financing. The top five financing projects this month totaled approximately $1.515 billion, accounting for about 67.8% of the overall disclosed financing scale.Overall, the crypto financing market in July showed a significant rebound in terms of amount, with Coinbase Ventures, Dragonfly, Hack VC, and others remaining active, and capital mainly flowing into trading platforms, asset tokenization, institutional-level financial infrastructure, and AI/computing power-related infrastructure projects.
Data: In July, the total financing amount in the cryptocurrency market reached 2.235 billion USD, with CeFi and infrastructure leading the way

Grayscale: The Bitcoin covered call option strategy has an annualized return of about 22% in a sideways market

Grayscale's research director Zach Pandl stated that if the price of Bitcoin has formed a solid bottom but is consolidating before recovery, a covered call strategy can generate income through Bitcoin volatility while managing spot price exposure. Grayscale assumes a Bitcoin spot price of $65,000 and an implied volatility of 40%, projected until the end of 2026. Under this assumption, the covered call strategy has an annualized return of about 22%, remaining profitable above a breakeven price of approximately $58,500, and outperforming holding spot Bitcoin alone when Bitcoin reaches about $72,500 at expiration.Pandl pointed out that option premiums provide income and downside protection, at the cost of giving up some upside potential when Bitcoin rises significantly. If the Bitcoin spot price falls below the breakeven price, the strategy will still incur losses, but the extent of the loss will be less than directly going long on spot Bitcoin, with the difference equivalent to the call option premium. Grayscale's Grayscale Bitcoin Covered Call ETF, with the ticker BTCC, aims to maximize income generation potential through writing covered calls. The fund does not directly invest in digital assets or initial coin offerings but gains indirect exposure to digital assets through derivatives related to exchange-traded products that hold digital assets.
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