Phantom Launches All-in-One Crypto and Everyday Payment Solution Phantom Cash

BlockBeats News, October 1st, according to official sources, Phantom has announced the launch of Phantom Cash, extending cryptocurrency usage to everyday life scenarios, allowing users to manage and use funds without leaving the app. Users can link their bank or credit cards for instant top-ups, maintain full control of their funds, and quickly convert cryptocurrencies into stablecoins or consolidate multiple positions into CASH (a USD stablecoin on the Solana chain issued by Phantom via Bridge), enabling zero-fee buying and selling. Users can make payments in all Visa-accepted scenarios using Apple Pay, Google Pay, or virtual/physical Phantom debit cards, and can also enable virtual accounts for receiving payments, with deposits verified via 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 everyday usage, with the potential for future spending through Stripe's global merchant network. Some features (such as virtual accounts, debit cards, and direct deposits) require KYC verification, which is handled by Stripe, ensuring Phantom does not access users' personal information. Early access is now open, and users can join the waitlist.