CASH

CASH is a USD-pegged stablecoin built for everyday use in payments and transactions. It was designed by Phantom, the Solana wallet provider, and issued using the Open Issuance infrastructure built by Bridge and Stripe, launching first on the Solana blockchain. Its stated purpose is to give ordinary users a digital dollar that behaves predictably and can be spent in real-world contexts.

CASH lives on the Solana blockchain, which is why its block time is effectively near-zero relative to other networks. Each unit is intended to be redeemable at parity with one US dollar, with issuance managed through Bridge and Stripe's Open Issuance framework, meaning those entities handle the fiat backing and minting process. The token itself functions as a unit of account and medium of exchange within wallets and applications that accept it, rather than powering governance or yield within a protocol.

The data stored for CASH contains no fee stream, protocol revenue, or earnings figures, so fee-based measures that this site calculates for other assets are not applicable here. The circulating stablecoin supply stands at 127,412,966.94 units on a point-in-time basis, with 100 percent of supply already issued and zero dilution overhang, meaning no additional units are pending release beyond what is already in circulation. Whether the issuers charge redemption or conversion fees is not recorded in this dataset.