Phantom Wallet has started rolling out its new debit card in the United States, giving users a new way to spend stablecoins like everyday money.
Phantom confirmed on December 15 that early access to its Phantom Cash prepaid debit card is now live for some U.S. users. The rollout is happening in stages, starting with people on the waitlist, and more users will get access over the coming days. For now, the card is only available in the U.S., but Phantom says international access is coming later.
The card lets users spend directly from their Phantom Wallet balance. It works with a U.S. dollar-backed stablecoin called CASH, which runs on the Solana network. At launch, users get a virtual Visa card that can be added to Apple Pay and Google Pay for tap-to-pay purchases. Physical cards will come later.
What makes this different is how simple it feels. When you pay, Phantom automatically turns your on-chain stablecoins into dollars at the checkout. There’s no need to sell crypto first or move money into another account. It works just like a regular debit card, but the funds stay on-chain until the moment you pay.
To get the card, users need to verify their identity. That also unlocks extra features inside Phantom Cash, like bank transfers and easy ways to move money in and out of the app. Phantom says it’s not a bank, and the prepaid Visa card is issued by Lead Bank and managed by Bridge Ventures. Some fees may apply depending on how the card is used.
This launch is part of Phantom’s bigger push to become more than just a crypto wallet. Earlier this year, the app added a Cash tab that allows instant stablecoin transfers, gas-free payments, and quick conversions using Phantom usernames.
Phantom has also been adding tools like prediction markets, stablecoin payments, and yield features, slowly turning the app into a simple all-in-one money hub, not just a place to store tokens.
With over 15 million monthly users across Solana, Ethereum, Bitcoin, and Sui, Phantom is stepping into a crowded space. Other wallets already offer crypto debit cards, but Phantom’s approach stands out by keeping funds on-chain until the exact moment you spend them.
For now, access is limited, and users still waiting are being asked to be patient. If adoption goes well, this debit card could become one of Phantom’s most popular features—and a real test of how ready people are to spend stablecoins in everyday life.
