Self-custody pioneer Exodus Movement has announced a strategic partnership with MoonPay and M0 to launch a proprietary, U.S. dollar-backed stablecoin designed to anchor its digital ecosystem. This fully reserved asset will utilize M0’s infrastructure and will be issued and managed by MoonPay, which recently expanded its enterprise stablecoin capabilities through a deep integration with M0. The move represents a significant evolution for Exodus as it shifts from a pure wallet provider to a comprehensive financial services platform.
The upcoming stablecoin is set to serve as the backbone for Exodus Pay, a forthcoming feature within the Exodus application. This integration aims to bridge the gap between complex blockchain technology and traditional finance by allowing users to spend, manage, and earn rewards on their money without requiring technical knowledge of cryptocurrencies. Exodus CEO JP Richardson emphasized that while stablecoins are the most efficient way to move dollars on-chain, the current user experience often falls short of the standards set by modern consumer apps. This launch is intended to streamline global transactions, making the process of sending and spending money as simple as using a standard digital banking app.
Scheduled for a release in early 2026, the stablecoin enters a rapidly maturing market. Stablecoins have moved beyond their original role in decentralized finance to become a central pillar of global economic policy. This shift was accelerated by the passage of the Genius Act and recent high-level political endorsements of stablecoins as a tool to bolster the global dominance of the U.S. dollar. This regulatory clarity has sparked a race among global financial players, including Visa and Sony Bank, to establish their own stablecoin footprints.
The partnership with MoonPay and M0 is just one part of a broader expansion strategy for Exodus. The company recently announced the $175 million acquisition of W3C Corp, including subsidiaries Baanx and Monavate. By combining this new stablecoin initiative with its newly acquired payment stack, Exodus is positioning itself to offer an end-to-end financial experience that encompasses self-custody wallets, global payout rails, and physical spending cards. Further details regarding network support and regional availability are expected to be disclosed throughout 2025 as the early 2026 launch date approaches.