TL;DR

Phantom Wallet launched Cash Account, transforming the wallet into a daily payment hub that allows users to send, receive, and trade without fees.
Users can fund their account by converting cryptocurrencies into CASH, send balances to any wallet, and execute fast, gas-free swaps.
Physical and virtual cards compatible with Apple Pay and Google Pay, as well as direct bank transfers, will be rolled out soon.

Phantom Wallet launched its new Cash Account feature, designed to turn the wallet into a daily-use payment center.

The update adds a dedicated tab that lets users send, receive, and trade the CASH stablecoin, backed by Bridge and developed by Phantom, instantly and without fees on stablecoin swaps. Cash Account activates automatically for existing users, requiring no additional registration.

A Financial Hub Powered by CASH

Cash Account allows users to fund their wallet by instantly converting cryptocurrencies into CASH without fees, send and receive balances to any wallet or Phantom username in seconds, and perform gas-free swaps. This makes cryptocurrency transactions as seamless as moving traditional money. The initial features are limited but serve to familiarize users with the interface before more advanced tools arrive.

According to Phantom, the update aims to transform the wallet from a simple cryptocurrency storage tool into a practical financial hub for everyday use, where moving value is as easy as sending a text message.

Phantom to Launch Physical and Virtual Cards

Upcoming features for priority waitlist members include physical and virtual cards compatible with Apple Pay and Google Pay, allowing online and in-person purchases with CASH balances. Direct bank transfers will also be enabled, letting users deposit or withdraw funds from traditional accounts, including scheduled deposits. These off-chain features will require full KYC, but remain optional for users who prefer on-chain operations only.

Phantom aims to usher in a “New Money” era, where digital tokens function as everyday money and the wallet provides a flexible ecosystem for fast conversions, direct payments, and daily financial management. CASH serves as the core of this experience, integrating payments, swaps, and transfers within an accessible, fast, and secure interface

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Filed under: News - @ November 20, 2025 1:30 pm