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Phantom Wallet has started rolling out its debit card in the U.S., letting users spend on-chain stablecoins through Apple Pay and Google Pay.Summary

• Phantom has begun early access to its debit card for U.S. users.
• The card allows spending from on-chain stablecoin balances.
• International availability is planned after the U.S. rollout.

Phantom confirmed on Dec. 15 in a post on X that early access to its Phantom Cash prepaid debit card is now rolling out to users in the United States, marking a key step in its effort to turn a crypto wallet into an everyday money app.

The rollout begins with a phased release through Phantom’s waitlist and is limited to U.S. users for now, with international expansion planned later. Phantom said access will continue opening throughout the week.

Spending directly from Phantom Wallet on-chain balances

The Phantom Cash debit card is a prepaid Visa card that allows users to spend directly from their Phantom Cash balance, which is backed by the U.S. dollar-pegged stablecoin CASH on Solana. At launch, users receive a virtual card that can be added to Apple Pay and Google Pay for contactless payments, while physical cards are expected at a later stage.

The app converts the on-chain stablecoin balance into dollars at the point of sale when a purchase is made. Because users don’t have to manually sell cryptocurrency or preload a separate balance before making purchases, the experience is similar to using a regular debit card while still being crypto-native.

Access to the card requires identity verification, which also unlocks additional features inside Phantom Cash, including direct bank transfers and seamless on- and off-ramps. Phantom notes that it is not a bank, and that the prepaid Visa card is issued by Lead Bank and managed by Bridge Ventures, with fees potentially applying depending on usage.

Part of a broader push into everyday payments

The debit card launch builds on Phantom’s steady expansion throughout the year as it moves beyond swaps and token storage. Earlier this winter, Phantom introduced a dedicated Cash tab that supports gasless peer-to-peer transfers and instant stablecoin conversions using Phantom usernames.

Phantom has also added features aimed at keeping users inside the app for more than just trading. Prediction markets, stablecoin payments, and yield products have gradually turned the wallet into something closer to a lightweight financial hub rather than a pure crypto interface.

With more than fifteen million monthly active users across Solana, Ethereum, Bitcoin, and Sui, Phantom is now entering a space that has grown increasingly competitive. Other wallets and exchanges have launched debit cards tied to crypto balances, but Phantom’s approach stands out by keeping funds on-chain until the moment of purchase.

For now, access remains limited, and the company has urged users still on the waitlist to be patient as the rollout continues. If adoption holds, the debit card could become one of Phantom’s most visible features yet, quietly testing how comfortable users are spending stablecoins in everyday life.

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