Phantom, a leading Web3 wallet, has unveiled its new stablecoin, CASH, which is pegged 1:1 to the U.S. dollar. Built on the Solana blockchain, CASH is developed using Open Issuance by Bridge and Stripe. Alongside this, Phantom has launched Phantom Cash, a financial platform that includes features like instant bank transfers, P2P payments, Visa debit cards, and rewards for holding CASH. The platform is currently available in limited early access, with a full rollout anticipated in October 2025. This development marks Phantom's significant expansion into the financial services sector, leveraging blockchain technology to enhance user experience and financial accessibility.