Phantom launches one-stop crypto and daily payment solution Phantom Cash

BlockBeats News, October 1, according to official sources, Phantom has announced the launch of Phantom Cash, expanding the use of cryptocurrency into everyday life scenarios, allowing users to manage and use their funds without leaving the app. Users can instantly top up by linking their bank or credit card, maintain full control of their funds at any time, and quickly convert cryptocurrency into stablecoins or consolidate multiple positions into CASH (a Solana-based USD stablecoin issued by Phantom via Bridge), enabling zero-fee trading.

Users can make payments in any scenario where Visa is accepted via Apple Pay, Google Pay, or a virtual/physical Phantom debit card, and can also enable virtual accounts to receive payments, with deposits verified through Stripe’s one-time authentication. In the future, users will also be able to earn passive rewards on unused CASH.

The core of Phantom Cash is the stablecoin CASH, ensuring smooth and stable daily usage, and in the future, it will be spendable through Stripe’s global merchant network. Some features (such as virtual accounts, debit cards, and direct deposits) require KYC, which is handled by Stripe, and Phantom will not access users’ personal information. Early access is now open, and users can join the waiting list.