CASH (CASH) stablecoin analytics
Answer First
What is CASH?
CASH is Phantom and Bridge Building's centralized USD stablecoin on Solana, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and MMFs. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption via Bridge Building Inc. (BBI) with reserves held in bankruptcy-remote custodial accounts
Is CASH safe?
CASH holds a C- Safety Score grade (53/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says CASH uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Bridge Building Inc (Bridge by Stripe); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
Static Profile
Static stablecoin profile
CASH (CASH) static profile: governance model Centralized (CeFi); backing model Real-World Asset Backed; peg US Dollar.
AI summary / Updated Sep 7, 2026
CASH is Phantom's wallet-native dollar on Solana, issued by Bridge Building Inc.: a distribution edge no DeFi protocol can replicate, putting a default stablecoin in front of the wallet's users. The distribution keeps compounding: World, the on-chain prediction market that replaced Phantom's Kalshi integration, settles winning positions automatically in CASH, the clearest sign Phantom wants CASH as the unit of account for everything the wallet touches.
AI summary · drafted by claude-fable-5-1 · facts as of Sep 7, 2026
Sources: BeInCrypto: World prediction market goes live in Phantom, settling in CASH (July 2026) and Bridge Building Inc. stablecoin terms (reserve envelope)
- Collateral
- U.S. Treasury bills (≤3 months maturity), reverse repurchase agreements backed by U.S. Treasuries, U.S. government money-market funds, deposit accounts, and tokenized equivalents held in segregated bankruptcy-remote accounts
- Peg Mechanism
- Direct 1:1 redemption via Bridge Building Inc. (BBI) with reserves held in bankruptcy-remote custodial accounts
- Jurisdiction
- United States / FinCEN / state MTL authorities / Money Services Business (NMLS #2450917)
- Proof Of Reserves
- Real-Time PoR by Bridge Building Inc (Bridge by Stripe) Reserve source
Next Actions
Exact bot target: /subscribe dews,depeg,safety cash-phantom
Source: checked-in StablecoinMeta profile fields. Live price, supply, reserve, liquidity, event, and safety data load in the interactive dossier below; the summary above was last updated Sep 7, 2026.
CASH quick answers
What is CASH?
CASH is Phantom and Bridge Building's centralized USD stablecoin on Solana, redeemable 1:1 and backed by short-term U.S. Treasuries, repos, and MMFs. The static profile records its US Dollar peg mechanism as: Direct 1:1 redemption via Bridge Building Inc. (BBI) with reserves held in bankruptcy-remote custodial accounts
Is CASH safe?
CASH holds a C- Safety Score grade (53/100) in Pharos's latest published rating — a middle-tier grade that meets baseline expectations but carries meaningful weaknesses, so Pharos does not consider it clearly safe. Static metadata says CASH uses a Centralized (CeFi) governance model and Real-World Asset Backed backing, with Real-Time PoR from Bridge Building Inc (Bridge by Stripe); the main caveat is that issuer or admin freeze controls are recorded. Treat the live peg, liquidity, reserve, dependency, and Safety Score sections below as the current risk read.
What backs CASH?
Pharos classifies CASH backing as Real-World Asset Backed. Collateral, per the static profile: U.S. Treasury bills (≤3 months maturity), reverse repurchase agreements backed by U.S. Treasuries, U.S. government money-market funds, deposit accounts, and tokenized equivalents held in segregated bankruptcy-remote accounts Reserve evidence: Real-Time PoR from Bridge Building Inc (Bridge by Stripe).
Can CASH be frozen or blacklisted?
Based on tracked contract metadata and blacklist coverage, issuer or admin freeze controls are recorded. Live freeze and blacklist events for CASH, when applicable, appear in the dossier below.
