What are the pros of CASH?

Backed by reputable Phantom, Stripe, and Bridge. Reserves held at institutional custodians. Direct path from crypto balance to real-world spending. Originators receive net revenue from supply.

What are the cons of CASH?

Newly launched with developing acceptance and liquidity. Redemption depends on the centralized issuer. Card and merchant features tied to the Phantom and Stripe ecosystem.

How much does CASH cost?

CASH is completely free to use.

CASH Review — 5.0★ | Honest Verdict (2026)

CASH is a USD-backed stablecoin designed for everyday payments, developed by Phantom together with Stripe and issued through Bridge (a Stripe company) on its Open Issuance platform. It launches on Solana with the goal of bridging crypto balances and traditional spending. Each CASH token is fully collateralized and redeemable 1:1 for US dollars, with reserves such as Treasury bills, money-market funds, and deposit accounts held at institutional custodians in bankruptcy-remote arrangements. CASH is built to be accepted across Stripe's merchant network and is paired with a Phantom debit card on Stripe Issuing that lets users spend their balance anywhere Visa is accepted via Apple Pay, Google Pay, or a card, without off-ramping first. It targets Phantom's existing wallet users and businesses that want to originate a stablecoin and capture the net revenue from it. As a newly launched stablecoin, its real-world acceptance and on-chain liquidity are still developing, and holders rely on the issuer's reserve management and redemption process.

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Cash payment tool makes sending and receiving money instant, with zero fees and a clean interface that just works every time.

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CASH

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