CASH

A stablecoin built for real-world utility.

Designed by Phantom using Open Issuance by Bridge and Stripe, and launching first on Solana.

[CASH @useCASH]

💰 Introducing CASH

Designed by Phantom using Open Issuance by @stablecoin & @stripe, and launching first on Solana.

CASH is a neutral, open-loop stablecoin backed 1:1 by USD — built for both crypto and real-world utility.

[CASH @useCASH]

🚀

[Phantom @phantom]

MoonPay + $CASH

@useCASH is now live on @MoonPay everywhere

Available across MoonPay's full partner network

All major payment methods supported in 160+ countries

[CASH @useCASH]

testing something solana:CASHx9KJUStyftLFWGvEVf59SGeG9sh5FfcnZMVPCASH

[Pump.fun @Pumpfun]

testing something solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

[Umbra Privacy @UmbraPrivacy]

$CASH is now live on Umbra via @useCASH.

Shield, send, and swap $CASH with complete privacy, now available.

[CASH @useCASH]

Meet your money app, @phantom. Powered by @useCASH.

[Phantom @phantom]

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

[CASH @useCASH]

Onchain data attribution is a challenge for any stablecoin.@goldskyio makes it look easy.

[Goldsky ☀️ @goldskyio]

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: https://t.co/memnJ9LEJg

[Goldsky ☀️ @goldskyio]

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: https://t.co/memnJ9LEJg

[CASH @useCASH]

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.

[Superstate @SuperstateInc]

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.

[CASH @useCASH]

Agents get CASH back 👀

[Frames @framesag]

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. This helps us improve the system while rewarding early users.

More rewards and incentives are coming every day.

Stay tuned.

[CASH @useCASH]

Agents can now @useCASH to pay for tools. Try @framesag and some starter CASH in your wallet.

[Frames @framesag]

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 designed for real-world utility.

Starting today, all new wallets are automatically funded.

Make your agents more powerful.

[CASH @useCASH]

@kamino 👀

[CASH @useCASH]

PRIME and @useCASH are the future of RWAs on Solana.

[Chainlink @chainlink]

UPDATE: @HastraFi’s PRIME market has surpassed $600M TVL on @kamino.

[Kamino @kamino]

Kamino has crossed $1 billion in total RWA market size.

[CASH @useCASH]

"With each token backed by one dollar, the names don't matter."

Exactly right. You can just @useCASH.

[a16z crypto @a16zcrypto]

"What matters is that the product is more reliable than any payments technology that came before it" – @cdixon for the @FT

[CASH @useCASH]

@notthreadguy 👀

[CASH @useCASH]

@phantom Just @useCASH.

[CASH @useCASH]

Get CASH on @krakenfx - 1:1 with USD. Just @useCASH to trade, lend, pay.

[Kraken @krakenfx]

$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 → https://t.co/c9y3thQ3Mu

[Kraken @krakenfx]

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 → https://t.co/c9y3thQ3Mu

[CASH @useCASH]

RWAs @useCASH.

[Chainlink @chainlink]

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.

[Manifest @ManifestTrade]

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

[Manifest @ManifestTrade]

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.