The stablecoin market is heating up! Exodus and MoonPay have partnered to launch a USD-backed stablecoin, set to roll out in January 2026. This new stablecoin will be integrated into Exodus Pay, allowing users to spend and send digital dollars without needing to touch centralized exchanges. The stablecoin will be issued and managed by MoonPay, leveraging M0's open infrastructure
Key Features
Self-Custody_: Users maintain control of their digital assets
USD-Backed_: Ensures stability and reliability
Global Distribution_: Accessible through MoonPay's network
Regulatory Compliance_: Meets FDIC guidelines for stablecoin issuers
The FDIC has introduced a regulatory framework for stablecoin issuers under the GENIUS Act, providing clarity on reserve requirements, operational boundaries, and institutional responsibilities. This move aims to boost institutional investment and enhance risk-adjusted returns in the digital asset space
Regulatory Highlights
Application Process_: 120-day process for depository institutions
Reserve Requirements_: 1:1 backing with safe assets
Transparency_: Monthly public attestations
As the stablecoin market continues to evolve, this partnership and regulatory developments signal a significant step towards mainstream adoption
