# Solana Foundation Executive Cites Speed in Samsung Payment Choice By John Kim Canonical URL: https://www.tokenpost.com/news/business/51163 Published: 2026-11-07T23:05:59.000Z Updated: 2026-11-07T23:05:59.000Z Section: Business > Jamal Raees pointed to network speed, cost efficiency and availability. The companies’ stablecoin payments initiative covers 82 million Samsung devices. Jamal Raees, general manager of payments at the Solana Foundation, cited transaction speed, cost efficiency and network availability as reasons Samsung chose Solana for payment solutions. Separately, Solana and Samsung have partnered on a [stablecoin payments initiative covering 82 million Samsung devices](). The initiative aims to expand blockchain use in everyday transactions. ## Links in this article - [stablecoin payments initiative covering 82 million Samsung devices](https://www.tokenpost.com/news/business/27876)