Phantom Launches CASH Stablecoin and Phantom Cash App — Spend Crypto via Visa, Apple Pay & Google Pay with Instant Deposits and Fee‑less Trading

According to Phantom’s official announcement, Phantom Cash is being rolled out to facilitate everyday crypto payments and in-app fund management. The platform allows users to link a bank account or card for instant deposits, maintain custody controls, and convert holdings into the on-chain USD stablecoin CASH (issued on Solana) to consolidate positions and enable, per Phantom, fee-less trading. Consumers can transact at Visa-accepting merchants via Apple Pay, Google Pay, or a virtual/physical Phantom debit card, while deposits and virtual account receipts are handled through Stripe with one-time verification; select features require KYC administered by Stripe, with Phantom stating it does not access personal user data. Early access is available and a waitlist is open to interested users.

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