Exodus (EXOD) joins stablecoin race with MoonPay-backed digital dollar
Exodus is launching a fully reserved, USD-backed stablecoin in partnership with MoonPay, expected in January 2026.Summary
Crypto wallet provider Exodus (EXOD) is entering the stablecoin market by launching a fully reserved, USD-backed digital dollar in collaboration with fintech firm MoonPay. MoonPay will issue and manage the stablecoin, with infrastructure support from M0, and the token is slated to go live in January 2026. This move positions Exodus alongside public companies like Circle and PayPal that issue stablecoins. The stablecoin is central to Exodus's upcoming product, Exodus Pay, designed to facilitate everyday crypto payments while maintaining self-custody, allowing users to spend or send the digital dollar easily within the Exodus app. MoonPay CEO Ivan Soto-Wright noted that this partnership demonstrates embedding compliant stablecoin issuance into consumer-facing tools.
(Source：CoinDesk)