Exodus, MoonPay to launch US dollar stablecoin in early 2026
Exodus Movement is partnering with MoonPay and M0 to launch a fully reserved, U.S. dollar-backed stablecoin in early 2026 for its ecosystem.Summary
Self-custody wallet company Exodus Movement is collaborating with MoonPay and M0 to introduce a U.S. dollar-backed stablecoin designed to power the Exodus ecosystem. This fully reserved stablecoin will be developed using M0's infrastructure and issued/managed by MoonPay. The stablecoin is intended to complement the forthcoming Exodus Pay feature, enabling users to spend, manage money, and earn rewards using stablecoins in a simple, consumer-app-like experience, regardless of their crypto knowledge. Exodus CEO JP Richardson stated the goal is to simplify spending and sending money globally. The launch is scheduled for early 2026, with further details forthcoming. This development occurs amid broader industry momentum for stablecoins, following endorsements by U.S. President Donald Trump and regulatory efforts globally.
(Source：The Block)