Exodus (EXOD), a longstanding provider of self-custodial crypto wallets, is venturing into digital payments with a new offering named Exodus Pay.
Set to launch in early 2026, this service allows users to hold, spend, and transfer stablecoins all from a single application, while maintaining control over their assets, as announced by Exodus on Tuesday.
Users will have the ability to spend stablecoins wherever cards are accepted, transfer funds via phone number, and earn rewards for both holding and spending their balances. Notably, Exodus emphasized in a press release that all features are built on the principle of self-custody, meaning users retain custody of their funds.
The application’s design aligns with what Exodus identifies as a generational trend, where an increasing number of individuals, particularly younger ones, are moving away from traditional banks and seeking flexible methods to utilize digital currencies in everyday life. By focusing on stablecoins, Exodus aims to alleviate the challenges traditionally associated with crypto payments.
The rollout will commence early next year, and a waitlist is currently available.
