Phantom Wallet has unveiled its new 'Cash Account' feature, enabling users to conduct instant fiat currency transactions without incurring gas or transaction fees when swapping with stablecoins. This innovative feature is part of Phantom's broader strategy to enhance user experience by integrating seamless financial services.
In addition to the 'Cash Account', Phantom plans to offer virtual and physical debit cards that will be compatible with Apple Pay and Google Pay, along with easy bank account transfers. The Phantom Cash account is supported by CASH, a fully collateralized stablecoin issued by Bridge, ensuring a 1:1 backing and transparency.
Phantom Wallet Introduces 'Cash Account' for Fee-Free Fiat Transactions
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