Summary
- Phantom said it has introduced a stablecoin-based payment service.
- The service adds in-wallet payment functionality and said it aims to simplify the payment experience and expand real use.
- Phantom's move is said to be drawing attention in the global payments market and in discussions about the commercialization of stablecoins within crypto assets.
Phantom, a crypto asset (cryptocurrency) wallet, has unveiled a new stablecoin-based payment service.
On the 30th (local time), Decrypt reported that Phantom added a feature allowing users to make payments directly within the wallet, increasing the everyday transactional use of stablecoins. This feature aims to simplify the payment experience across blockchain networks and expand the real use of crypto assets.
Phantom has grown within the Solana ecosystem and has recently broadened its user base through multi-chain support such as Ethereum and Polygon. This service is also part of that expansion, with a strategy to strengthen the payment environment using major stablecoins and enhance user convenience.
The announcement comes as discussions about the commercialization of stablecoins in the crypto asset market become more active, and Phantom's moves are drawing attention in the global payments market.
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