Exodus, the provider of crypto wallets, is set to make its entry into the stablecoin realm by launching a fully collateralized, USD-pegged stablecoin in collaboration with fintech company MoonPay.
MoonPay will take charge of issuing and managing the stablecoin, with assistance from M0, a stablecoin infrastructure provider. The token is anticipated to launch in January 2026, with specific network and product details to be announced later.
This initiative positions Exodus among a select few public companies developing stablecoin offerings, alongside Circle (USDC), PayPal (PYUSD), and Fiserv (FIUSD).
The forthcoming Exodus stablecoin is integral to its new product, Exodus Pay, which seeks to facilitate everyday crypto transactions while maintaining user self-custody. Users will be equipped to send and spend the digital dollar via the Exodus app, while benefiting from rewards and sidestepping the complexities associated with standard crypto transactions.
“Stablecoins are swiftly becoming the most straightforward method for people to hold and transfer dollars on-chain,” remarked JP Richardson, co-founder and CEO of Exodus. “Yet, the experience needs to align with the standards set by modern consumer applications.”
In practical terms, this could mean a user transferring money internationally or purchasing coffee using a stablecoin within the Exodus app, all without the need to engage with a centralized exchange or navigate complicated wallet settings.
MoonPay, which debuted its enterprise stablecoin platform in November, stated that the partnership with Exodus exemplifies how branded digital dollars can be seamlessly integrated into consumer-oriented financial tools.
“This launch showcases the potential when a consumer-centric product merges compliant stablecoin issuance with infrastructure and distribution capable of operating on a global scale,” stated MoonPay CEO Ivan Soto-Wright.
The Exodus stablecoin will be available through MoonPay’s worldwide network, which includes its buying, selling, and swapping functionalities. The rollout will hinge on securing regulatory approval across different markets.
