Exodus Wallet is set to launch its own dollar-backed stablecoin, signaling a significant shift towards enhanced payment solutions and everyday financial utility within its self-custodial app.

Summary

  • Exodus plans to introduce a fully reserved USD stablecoin in collaboration with MoonPay and M0, linked to the forthcoming Exodus Pay feature.
  • MoonPay is appointed to issue, manage, and distribute the stablecoin through its extensive global payments network.
  • The anticipated launch is scheduled for early 2026, subject to regulatory approvals, with additional details forthcoming.

Exodus is gearing up to release a USD-backed stablecoin in tandem with MoonPay and M0, aiming to facilitate everyday payments and enhance self-custody within its Exodus Pay application.

This initiative was announced on December 16, via a joint press release issued by Exodus, MoonPay, and M0.

Stablecoin Integral to Exodus Pay Rollout

The stablecoin will be fully backed by U.S. dollar reserves, with MoonPay handling all aspects of issuance and management. M0 will provide the robust infrastructure necessary to support the stablecoin’s functionalities, which are primarily designed for in-app usage rather than as a trading asset.

This digital currency is expected to serve as the backbone of Exodus Pay, a feature enabling users to securely hold, send, and spend dollar-denominated funds while maintaining control of their assets. The intent is to keep transactions localized within the wallet, eliminating the need for third-party exchanges.

Exodus Wallet is strategically integrating this stablecoin as a seamless addition to its payment layer, which will facilitate user-to-user transfers and daily spending scenarios.

MoonPay will also oversee the stabilization and reserve management while leveraging its established global network to facilitate all necessary transactions—including buying, selling, swapping, depositing, and checkout options—right from the outset.

Expanding MoonPay’s Enterprise Stablecoin Reach

This collaboration builds upon MoonPay’s enterprise stablecoin division, launched in November 2025, which targets the issuance of customized digital dollars for consumer applications. With M0’s flexible infrastructure, MoonPay is positioned to deliver programmable stablecoins tailored to specific use cases.

For Exodus, this venture aligns it with a rapidly growing group of consumer-oriented companies that are either launching or planning their proprietary dollar tokens. Unlike market-driven stablecoins issued by exchanges, the Exodus asset is purposefully designed as a utility, focusing primarily on payment functionalities rather than on liquidity or trading dynamics.

More information—including the supported blockchains, network accessibility, and the stablecoin’s official name—will be disclosed closer to its launch. This digital currency aims for a rollout in early 2026, contingent on receiving regulatory approvals. Additionally, Exodus has begun accepting registrations for a waitlist of early users.

The increasing need for faster dollar settlements outside conventional banking systems has significantly boosted stablecoin adoption in 2025, with the total market value now exceeding $300 billion.