Crypto wallet firm Exodus has announced plans to launch a fully reserved, USD-backed stablecoin in partnership with MoonPay, marking its entry into the stablecoin market. The digital dollar is expected to go live in January 2026, subject to regulatory clearance.
MoonPay will issue and manage the stablecoin, with infrastructure support from M0. The token will serve as the foundation of Exodus Pay, a new product aimed at enabling everyday payments in crypto without compromising self-custody.
Exodus said users will be able to send money, make purchases, and transact internationally using the stablecoin directly inside the Exodus app, without relying on centralized exchanges or complex wallet operations.
MoonPay added that the partnership highlights growing demand for branded, consumer-facing stablecoins embedded into everyday financial tools.
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