Exodus Movement, Inc. (NYSE American: EXOD), a leading provider of self-custodial cryptocurrency wallets, has announced a strategic partnership with MoonPay and M0 to introduce a new fully reserved, USD-backed stablecoin. This digital dollar is designed to enhance everyday payments within the Exodus ecosystem, emphasizing user-friendly experiences and self-custody.
The stablecoin, issued and managed by MoonPay using M0’s open infrastructure, will initially power Exodus Pay—an upcoming feature in the Exodus app that enables users to spend, send, and earn rewards on digital dollars without requiring cryptocurrency expertise.
Key Features of the Stablecoin
- Full Reserves: 1:1 backed by U.S. dollar deposits held in regulated institutions.
- Self-Custody Focus: Users retain complete control of their funds, aligning with Exodus’ core principles.
- Integration with Exodus Pay: Allows seamless spending, instant transfers, and rewards on balances—all within a single, intuitive app.
- Global Accessibility: Will be available through MoonPay’s extensive network for buying, selling, swapping, and checkout functionalities.
- Regulatory Compliance: Launch subject to applicable approvals, with availability varying by jurisdiction.
Strategic Importance
This initiative builds on Exodus’ evolution toward real-world stablecoin applications. As stablecoins continue to gain traction for their speed, low costs, and global reach, the partnership aims to bridge the gap between digital assets and everyday finance.
“Stablecoins are quickly becoming the simplest way for people to hold and move dollars onchain, but the experience still needs to meet the expectations set by today’s consumer apps,” said JP Richardson, CEO and Co-Founder of Exodus. “This launch will bring a digital dollar experience to Exodus to make spending and sending money around the world simple.”
Ivan Soto-Wright, CEO and co-founder of MoonPay, added: “Exodus is building toward a world where digital dollars are a practical part of how people move money. 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.”
Timeline and Next Steps
- Launch Target: Early 2026 (additional details on supported networks and integrations to be announced).
- Waitlist: Open now for early access to digital dollar features in Exodus Pay.
This development positions Exodus alongside established stablecoin issuers while prioritizing self-custody and ease of use, potentially accelerating mainstream adoption of digital dollars.
For more information, visit the official announcement or join the waitlist through the Exodus app.