- Exodus launches USD-backed stablecoin with MoonPay to allow on a regular basis funds inside a self-custodial pockets.
- The stablecoin powers Exodus Pay and goals to simplify the usage of digital {dollars} globally by eradicating the complexity of cryptocurrencies.
- The transfer is according to the post-GENIUS Act momentum as corporations rush to construct compliant stablecoin cost stacks.
Exodus Motion has introduced plans to introduce a completely reserved USD-backed stablecoin by a partnership with funds firm MoonPay, additional strengthening its dedication to digital funds inside its self-custodial pockets ecosystem.
The stablecoin can be issued and managed by MoonPay and can be constructed utilizing M0’s open stablecoin infrastructure. Exodus mentioned the asset will help digital greenback use circumstances throughout Exodus merchandise whereas sustaining consumer self-control. Exodus expects extra detailed data to be introduced nearer to the deliberate launch in early 2026, topic to regulatory necessities, together with supported blockchains and deployment particulars.
Exodus Pay characteristic makes use of a devoted greenback stablecoin
The deliberate digital greenback is meant to energy Exodus Pay, an upcoming characteristic inside the Exodus utility centered on on a regular basis funds. Exodus Pay is designed to permit customers to make use of stablecoins to switch funds, earn rewards, and preserve management of their belongings with out requiring in-depth data of how cryptocurrencies work.
By integrating sure dollar-backed stablecoins into Exodus Pay, Exodus goals to supply cost performance that mirrors acquainted shopper monetary instruments whereas working on blockchain infrastructure. Exodus mentioned the stablecoin ought to allow quicker transactions and broader world ease of use inside cost frameworks.
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MoonPay handles issuance and distribution throughout the community
MoonPay makes stablecoins out there throughout its distribution community, together with buy, sale, alternate, deposit, and checkout companies. MoonPay says this distribution tier is designed to develop entry to customers, associate functions and retailers throughout a number of markets.
MoonPay launched its enterprise stablecoin enterprise in November 2025, positioning the enterprise to concern and handle totally reserved digital {dollars} throughout a number of blockchains. MoonPay mentioned it has built-in with M0 to help application-specific stablecoins for companions.
GENIUS Act guidelines reshape stablecoin cost competitors
The announcement comes because the U.S. stablecoin sector accelerates for the reason that passage of the GENIUS Act on July 18, 2025, making a federal framework for funds stablecoins.
Stablecoin exercise has additionally attracted consideration from established monetary and expertise corporations similar to Visa and Sony Financial institution. In parallel, Hong Kong-based fintech RedotPay introduced a $107 million Collection B funding spherical to develop its stablecoin funds platform.
Individually, Exodus lately agreed to amass W3C Corp. and its subsidiaries Baanx and Monavate for $175 million. The corporate mentioned the acquisition is geared toward supporting the event of an end-to-end funds stack, together with wallets and card-based companies.
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