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As of Nov 12, 2026, Phase Dollar (CASH) has a market cap of $70.62 across 1 chain, most of it on Base ($70.62).
Stablecoin information
Every $CASH token is backed with 1 USD or more worth of assets. Due to protocol fees, $CASH incurs a premium to its price, which is captured by the protocol for backing.
Category:fiat-backed
Minting and Redemption
Minting is done via first depositing collateral into the vaults, and then minting/borrowing the stable. Redeeming/paying back/burning the stable (action burns it under the hood) lets the user pay back their debt to the vault, unlocking their collateral
Audits:
Stablecoin usage by chain
| Name | Bridge | |||||
|---|---|---|---|---|---|---|
| 0.00% | -0.54% | -0.54% | -0.54% | 70.62 |
