Exodus Steps Into Stablecoins With USD Payments Push
Crypto wallet provider Exodus is entering the stablecoin market with plans to launch a fully reserved, U.S. dollar–backed digital asset in partnership with fintech firm MoonPay. The stablecoin is expected to go live in January 2026 and will play a central role in Exodus Pay, the company’s upcoming product aimed at enabling everyday crypto payments without sacrificing self-custody.
Under the partnership, MoonPay will issue and manage the stablecoin, with infrastructure support from M0, allowing users to send, spend, and receive digital dollars directly within the Exodus app. The goal is to make onchain payments feel as seamless as modern consumer finance apps, while preserving user control over funds.
The move places Exodus alongside a small group of public companies backing stablecoin products, including Circle, PayPal, and Fiserv, as digital dollars gain momentum for payments, remittances, and global settlement. Access to the stablecoin will roll out gradually, depending on regulatory approvals across different markets.