{"id":11704,"date":"2025-10-01T18:37:35","date_gmt":"2025-10-01T18:37:35","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=11704"},"modified":"2025-10-01T18:37:39","modified_gmt":"2025-10-01T18:37:39","slug":"phantom-launches-cash-a-stablecoin-for-everyday-spending","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/10\/01\/phantom-launches-cash-a-stablecoin-for-everyday-spending\/","title":{"rendered":"Phantom Launches CASH: A Stablecoin for Everyday Spending"},"content":{"rendered":"\n<p>Phantom, the popular crypto wallet with more than 15 million users, is stepping beyond just being \u201ca place to hold tokens.\u201d The company has just introduced <strong>CASH<\/strong>, a U.S. dollar-pegged stablecoin built on Solana, that\u2019s designed to bring crypto into everyday payments.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Turning Crypto Into Real-World Money<\/h3>\n\n\n\n<p>CASH is backed 1:1 by the U.S. dollar, ensuring stability while giving users the freedom to spend their crypto seamlessly. What makes this launch big is <strong>Phantom Cash<\/strong>, a new payments app where CASH will serve as the default stablecoin.<\/p>\n\n\n\n<p>Through Phantom Cash, users can link their balances directly to <strong>Apple Pay, Google Pay, and even Visa<\/strong> turning crypto into a swipe, tap, or click at checkout. In other words, the crypto you\u2019ve been holding can now pay for coffee, groceries, or your next online order without the friction of endless conversions.<\/p>\n\n\n\n<p>\u201cYour crypto should do more than sit in a wallet. Phantom Cash turns it into everyday spending power,\u201d the company explained.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">The Power Behind It: Stripe\u2019s Bridge<\/h3>\n\n\n\n<p>This move is powered by <strong>Stripe\u2019s Bridge division<\/strong>, which just rolled out <em>Open Issuance<\/em> a platform that lets businesses create and launch their own branded stablecoins. Phantom is one of the first to adopt it, alongside names like MetaMask, Hyperliquid, Dakota, and Takenos.<\/p>\n\n\n\n<p>With Stripe in the mix, Phantom users will also get <strong>instant bank funding, peer-to-peer transfers, and virtual or physical debit cards<\/strong>. Stripe\u2019s one-time verification process will enable easy deposits into virtual accounts, making the transition between traditional money and crypto smoother than ever.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">More Than a Wallet<\/h3>\n\n\n\n<p>For years, Phantom has been known as one of Solana\u2019s go-to wallets for trading, swapping, and holding tokens. With CASH, Phantom is moving into something bigger: <strong>real-world utility.<\/strong><\/p>\n\n\n\n<p>The company sees this as a natural step, especially as stablecoins continue to dominate crypto adoption. Giants like Tether (USDT) and Circle\u2019s USD Coin (USDC) already lead the market, but with major banks and fintech platforms moving into the space, Phantom wants to give its users something more personal crypto that actually works like money.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Why It Matters<\/h3>\n\n\n\n<p>Stablecoins have become the backbone of crypto payments and DeFi. By launching CASH, Phantom is betting on a future where spending digital assets is as simple as tapping your phone. For Solana, this also means greater traction and more use cases beyond just trading and DeFi protocols.<\/p>\n\n\n\n<p>With this move, Phantom isn\u2019t just a wallet anymore it\u2019s trying to become a <strong>gateway for everyday crypto payments<\/strong>, blending the speed of Solana with the global reach of Visa and the convenience of Apple Pay and Google Pay.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Phantom, the popular crypto wallet with more than 15 million users, is stepping beyond just being \u201ca place to hold tokens.\u201d The company has just introduced CASH, a U.S. dollar-pegged stablecoin built on Solana, that\u2019s designed to bring crypto into everyday payments. Turning Crypto Into Real-World Money CASH is backed 1:1 by the U.S. dollar,&#8230;<\/p>\n","protected":false},"author":3,"featured_media":11707,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[65,1748,175],"class_list":["post-11704","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-crypto","tag-phantom","tag-stablecoin"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Phantom Launches CASH: A Stablecoin for Everyday Spending - Crypto News<\/title>\n<meta name=\"description\" content=\"Phantom launches CASH, a USD-backed stablecoin on Solana, powering everyday payments via Apple Pay, Google Pay, and Visa with Phantom Cash.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/10\/01\/phantom-launches-cash-a-stablecoin-for-everyday-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Phantom Launches CASH: A Stablecoin for Everyday Spending - 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