Phantom Wallet has begun launching its debit card in the US, allowing users to spend on-chain stablecoins through Apple Pay and Google Pay.
summation
- Phantom has launched early access to its debit card for US users.
- This card allows you to spend from your on-chain stablecoin balance.
- International release is planned after the US release.
Phantom confirmed in a December 15 post by
The launch will begin with a phased rollout through Phantom’s waitlist, currently limited to US users, with international expansion planned at a later date. Phantom said connectivity will continue throughout this week.
Spend directly from your Phantom Wallet on-chain balance
The Phantom Cash debit card is a prepaid Visa card that can be used directly on Phantom Cash balances backed by Solana’s U.S. dollar-pegged stablecoin CASH. At launch, users will receive a virtual card that can be added to Apple Pay and Google Pay for contactless payments, with physical cards expected to be available at a later stage.
When a purchase is made, the app converts the on-chain stablecoin balance to dollars at the time of sale. Users don’t have to manually sell cryptocurrency or pre-load a separate balance before making a purchase, giving them a cryptocurrency-based but similar experience to using a regular debit card.
Access to the card requires identity verification, which also unlocks additional features inside Phantom Cash, including direct bank transfers and seamless entry/exit. Phantom is not a bank and points out that its prepaid Visa cards are issued by Lead Bank and managed by Bridge Ventures, and fees may be charged based on usage.
Part of a broader push for everyday payments
The debit card launch builds on Fantom’s steady expansion throughout the year beyond swaps and token storage. Earlier this winter, Phantom introduced a dedicated Cash Tap that supports gasless peer-to-peer transfers and instant stablecoin conversion using Phantom usernames.
Phantom has also added features to keep users inside the app for more than just transactions. Prediction markets, stablecoin payments, and yield products have increasingly transformed wallets into something closer to lightweight financial hubs rather than pure cryptocurrency interfaces.
With over 15 million monthly active users across Solana, Ethereum, Bitcoin, and Sui, Phantom is now entering an increasingly competitive space. While other wallets and exchanges have launched debit cards linked to cryptocurrency balances, Phantom’s approach of keeping funds on chain until the moment of purchase stands out.
Access is limited for now, and the company urged those still on the waitlist to be patient as the rollout continues. If adoption holds up, the debit card could become one of Phantom’s most prominent features, quietly testing how comfortable users are with spending stablecoins in their daily lives.