The Phantom Whisper: Why Phantom Cash Might Be the Stealth Stablecoin of 2026

Stablecoins rule crypto—but 92% of the market is controlled by just two centralized players: USDT and USDC. In October 2025, Phantom quietly launched Phantom Cash ($CASH)—a fully on-chain, Solana-native stablecoin backed by liquid staking assets like mSOL and bSOL, minted with zero fees, and embedded directly into the Phantom Wallet. In this deep dive, we explore: ✅ Why stablecoins are broken ✅…