Exodus, a prominent self-custodial digital asset platform, has announced a significant partnership with MoonPay and M0 to introduce a new USD-backed stablecoin. This collaboration aims to simplify everyday digital dollar transactions, integrating seamlessly into the Exodus ecosystem and beyond.
Key Takeaways
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A new, fully reserved USD-backed stablecoin is set to launch in early 2026.
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MoonPay will issue and manage the stablecoin, leveraging M0's infrastructure.
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The stablecoin will power "Exodus Pay," enabling easy spending, sending, and earning rewards.
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The digital dollar will have broad availability through MoonPay's global network.
A New Digital Dollar for Everyday Use
Exodus Movement, Inc. (EXOD) is set to revolutionize consumer crypto experiences with the upcoming launch of a fully reserved, USD-backed stablecoin. This initiative is a collaboration with MoonPay, which will be responsible for issuing and managing the asset, and M0, providing the underlying stablecoin infrastructure. The new digital dollar is designed to power "Exodus Pay," a forthcoming feature within the Exodus app. This feature will allow users to spend and send money, earn rewards, and maintain self-custody of their funds without requiring prior knowledge of cryptocurrency.
Enhancing Payments and Global Reach
JP Richardson, CEO and Co-Founder of Exodus, highlighted the need for stablecoin experiences to meet the standards of modern consumer applications. "This launch will bring a digital dollar experience to Exodus to make spending and sending money around the world simple, starting with next-gen payments experiences like Exodus Pay," he stated.
The stablecoin's utility will extend beyond the Exodus ecosystem. It will be available across MoonPay's extensive global distribution network, facilitating buy, sell, swap, deposit, and checkout experiences for users, partner applications, and merchants. Ivan Soto-Wright, CEO and co-founder of MoonPay, emphasized the partnership's potential: "This launch shows what’s possible when a consumer-first product integrates compliant stablecoin issuance with infrastructure and distribution that can operate at global scale."
Infrastructure and Future Rollout
M0's role is crucial in providing the open infrastructure that allows for the rapid development of application-specific stablecoins. Luca Prosperi, CEO and Co-Founder of M0, noted, "M0’s infrastructure lets partners launch application-specific digital dollars quickly, with strong controls and flexibility to expand across networks and integrations over time."
MoonPay expanded its enterprise stablecoin business in November 2025, aiming to issue and manage fully reserved digital dollars across multiple blockchains. The new stablecoin is slated for launch in early 2026, with additional details regarding supported networks and product integrations to be announced closer to the release date. The availability of the stablecoin will be contingent upon applicable regulatory considerations.
Sources
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Exodus, MoonPay and M0 Unveil a New Digital Dollar for Everyday Payments, markets.businessinsider.com.
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Exodus and MoonPay to launch USD-backed stablecoin for payments, Stock Titan.
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🪙 MoonPay to Issue and Manage Exodus USD-Backed Stablecoin, LinkedIn.
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