Exodus Movement Partners with MoonPay and M0 to Launch USD-Backed Stablecoin

According to the announcement, Exodus has entered into a strategic partnership with MoonPay and M0 to launch a new stablecoin fully backed by the US dollar. This move aims to simplify everyday payments in the crypto ecosystem, making them accessible even for users without deep knowledge of cryptocurrencies.

Details of the Partnership and Stablecoin

The new stablecoin will be fully reserved with dollar deposits, ensuring its stability and user trust. MoonPay will handle the issuance and management of the asset, while M0 will provide an open infrastructure for its development. The launch is scheduled for early 2026, with details on supported networks, availability, and integrations to be announced closer to the date. This stablecoin will form the foundation of the Exodus ecosystem, including the new Exodus Pay feature, which will allow users to spend, manage money, and earn rewards using stablecoins. The main goal is to create a simple and efficient payment tool that meets the standards of modern consumer apps.

JP Richardson, CEO of Exodus, commented:

"Stablecoins are quickly becoming the simplest way to hold and move dollars on-chain, but the user experience still needs to match expectations from today's consumer apps. This launch will bring a digital dollar experience to Exodus, making spending and sending money worldwide simple."

Background of the Companies and Context

Exodus Movement recently acquired W3C Corp and its subsidiaries Baanx and Monavate for $175 million to build a full payment stack. This partnership with MoonPay continues that strategy, especially following MoonPay's integration with M0 in November 2025, when MoonPay launched its enterprise stablecoin business. MoonPay, known for its cryptocurrency purchasing services, is now expanding into stablecoin issuance, while M0 provides the technological base for open and scalable solutions.

This launch comes amid the overall growth of the stablecoin market. According to analysts, the stablecoin volume exceeded $200 billion in 2025, with a focus on regulatory initiatives like the Genius Act in the US, which promote the integration of crypto into traditional finance. The partnership could enhance crypto adoption by offering users a secure way to hold dollars in digital form without volatility.

Potential Market Impact

Experts believe this stablecoin could become a "gold standard" for everyday payments in self-custodial wallets, competing with market leaders like USDC and USDT. For Exodus users, this means new opportunities to earn rewards and conduct global transactions without needing crypto expertise. Overall, the initiative highlights the trend toward "self-custodial stablecoins," which could accelerate mass adoption of DeFi.