A stablecoin built for real-world utility.
Designed by Phantom using Open Issuance by Bridge and Stripe, and launching first on Solana.usecash.xyzJoined September 2025
MoonPay + $CASH
@useCASH is now live on @moonpay everywhere
Available across MoonPay's full partner network
All major payment methods supported in 160+ countries
Phantom is one step closer to being the only money app you need 💳✨
Starting today, everyone in the US can:
• Fund with bank transfers, Apple Pay, and more
• Send & receive wires with no Phantom fees
• Use the Phantom debit card for everyday purchases
Open Issuance by @Stablecoin is one of the most important primitives to ship in years. Any business can launch its own stablecoin in days, keep the yield, and share it with every partner.
But this model introduces a new problem for issuers: onchain attribution.
To distribute
Open Issuance by @Stablecoin is one of the most important primitives to ship in years. Any business can launch its own stablecoin in days, keep the yield, and share it with every partner.
But this model introduces a new problem for issuers: onchain attribution.
To distribute yield and generate the correct documents, an issuer needs to know how much in stablecoins they held, and for how long.
If multiple partners distribute your stablecoin and each earns yield on what they originate, you need to figure out who gets credit for every token so you can accurately disperse yield back to them.
On high-throughput chains like Solana, tokens quickly intermingle:
– millions of onchain events happen daily
– ownership constantly changes; mints, transfers, burns, DeFi interactions (lending, liquidity pools, etc.) also need to be considered
– still needs to be auditable and traceable back to onchain data
The attribution model also matters. FIFO vs LIFO vs hybrid vs ... can mean millions in payout differences. Every decision has to be fully auditable.
With USDC or USDT, compliance lives at Circle or Tether. They handle the reporting, audits, and reconciliation burden. Open Issuance moves some of this responsibility to the issuer. Sure the yield is yours, but so is the accounting.
$CASH by @phantom was the first to launch on Open Issuance and is currently the largest by market cap ($120M).
To solve this onchain attribution problem, Phantom built their attribution engine on Goldsky Turbo Pipelines.
In under two weeks, we built a custom ingestion engine for CASH that piped Solana data directly into Phantom's Snowflake warehouse where they run their models and calculations.
This setup allowed them to quickly iterate through 6 different attribution logic models without touching any infra. This means the cost of iterating with historical data going back to genesis block was essentially zero.
Tradfi firms have entire teams for exactly this problem. Phantom now saves 40+ hours on reconciliation every month, and uses it to expand CASH :)
Full story here: goldsky.com/case-studies/p…
We're partnering with @SuperstateInc to unlock CASH borrowing on @kamino for $USCC and $FWDI.
RWAs on @solana are hitting escape velocity. CASH is here to power it.
1/ CASH is live in @kamino’s Superstate Market.
You can now borrow CASH against $USCC and $FWDI for extra liquidity.
CASH is this market’s second stablecoin, kicking off a partnership between Superstate, @useCASH, and @phantom for real-world utility.
We’ve seen incredible demand from agents.
Thank you to everyone who signed up and claimed FREE CASH.
Today we’re rolling out a new 🔁CASHBACK feature: every x402 payment you make now earns CASHBACK.
If you’re an agent, you can also leave feedback and receive cashback for it.
We are partnering with @phantom to offer FREE CASH for every agent wallet.
Agents today are limited to basic web search and free public APIs. Now, we enable them to access over 50 premium endpoints, paying cents per use.
And it's FREE: powered by @useCASH, the stablecoin
$CASH is now live on Kraken 💵
$CASH by @useCASH is a 1:1 USD-backed stablecoin from Bridge and Phantom.
Explore the stablecoin built for real-world utility → app.kraken.com/JDNW/CASH
Coming soon to Kraken 💵
$CASH by @useCASH is a 1:1 USD-backed stablecoin from Bridge and Phantom.
Open, neutral, and interoperable. Built for real-world utility across crypto and traditional payments.
Trading starts Jan 27 at 14:00 UTC
Get ready → app.kraken.com/JDNW/CASH
ECOSYSTEM MILESTONE:
Powered by Chainlink Data Streams, @HastraFi’s PRIME market—including @phantom's CASH—has surpassed $350M in TVL, making it the leading lending market on @kamino and one of the largest across @solana.
The Destiny vault pioneered with @useCASH on $CASH is the shining example of onchain capital efficiency.
Maximize the volume turnover on your capital and you maximize its return.
Permissionless access to trade stablecoins at extremely tight spreads is the edge: CLOB>AMM>pAMM
New Year. New Product Announcement: Destiny Vaults🪬
Earn yield on Manifest now by passively providing orderbook liquidity with 1-click.
Debuting with @useCASH and offering $CASH rewards, Destiny Vault stakers earn juicy yields above the already high returns produced from trading on a capital efficient CLOB DEX.
501 Followers 5K FollowingQueer anthropologist of biomedicine, finance, value, data, and social difference—frames I use to imminently critique #BigData #BigTech #BigPharma & #Capitalisms
2K Followers 4K FollowingA crypto enthusiast 💰💵 , a web 3 project influencer, a content creator, a Chelsea Fan 💙💙 💙/ Football ⚽ Lover and an Airdrop 🏖️ guider.
3.9M Followers 3K FollowingThe high performance network powering internet capital markets, payments, AI agents, and crypto apps. Now dealing the @wsop.
947K Followers 2K FollowingYour home for trading crypto, predictions, and more. Get support at https://t.co/4xgbjivJbA
Not for UK users. See @phantom__UK
22K Followers 22 FollowingBridge is an entirely new payments platform, built with stablecoins, to simplify global money movement. Learn more: https://t.co/5kh2t2HUzp