The developer of the non-custodial wallet Exodus Movement, in partnership with the payment service MoonPay and infrastructure company M0, will release a stablecoin pegged to the US dollar.
Exodus and MoonPay are launching a fully reserved, USD-backed digital dollar to make everyday payments fast and simple.
Issued and managed by @moonpay using @m0 infrastructure, and built for Exodus Pay.
Join the waitlist at https://t.co/4l9WCPTZ8w
— Exodus (@exodus) December 16, 2025
The asset will enhance the capabilities of the upcoming Exodus Pay service, enabling users to make payments, manage finances, and earn rewards.
The initiative aims to create a reliable and efficient payment system accessible to market participants without deep knowledge of cryptocurrencies.
The fully backed stablecoin is developed on M0 infrastructure. MoonPay will act as the issuer and managing partner. In November, the companies integrated to scale the corporate stablecoin segment.
“Stablecoins are quickly becoming the simplest way to store and move dollars on-chain. However, the user experience still needs to meet the expectations set by modern consumer applications,” said Exodus CEO JP Richardson.
The launch of the new asset is scheduled for early 2026. Details, including integrations and supported networks, will be revealed shortly before the event.
In late November, Exodus signed an agreement to acquire W3C Corp and its subsidiaries—Baanx and Monavate—for $175 million.
The deal will enable the company to create a full-cycle payment infrastructure, integrating wallets and cards.