Exodus is set to introduce a fully reserved digital dollar, issued by MoonPay and set to launch in early 2026, leveraging M0 to enhance Exodus Pay and an expanded wallet–card payments infrastructure following recent acquisitions.
Summary
- Exodus is collaborating with MoonPay and M0 to create a fully reserved USD-backed stablecoin aimed at energizing its ecosystem and the forthcoming Exodus Pay feature.
- This stablecoin supports Exodus’ $175 million acquisition of W3C Corp, Baanx, and Monavate, forming a cohesive payments stack that integrates wallets and cards.
- Details regarding the launch, supported networks, and availability are currently undisclosed, with the companies emphasizing transparency, complete USD backing, and user-friendly stablecoin access for those unfamiliar with cryptocurrency.
Exodus Movement, a provider of self-custody wallets, has announced a partnership with MoonPay and M0 to launch a stablecoin backed by the U.S. dollar, expected in early 2026.
Exodus, MoonPay and M0 introduce digital dollar
The forthcoming stablecoin will be entirely reserved and managed by MoonPay, utilizing M0’s infrastructure, as highlighted in the announcement. This digital currency aims to enhance the Exodus ecosystem and its payment functionalities.
The digital dollar will work seamlessly with Exodus Pay, a future payment feature in the Exodus app that enables users to spend, manage, and earn rewards with stablecoins, eliminating the need for cryptocurrency expertise, according to the company.
Recently, Exodus purchased W3C Corp, along with its subsidiaries Baanx and Monavate, for a total of $175 million. This strategic acquisition is intended to create a comprehensive payments infrastructure that includes wallets and cards, facilitated by the stablecoin to support digital dollar transactions within Exodus’ ecosystem.
This launch aligns with the increasing interest in stablecoins as a key element in global finance. Recent U.S. regulatory progress, such as the enactment of the Genius Act and endorsements from former President Donald Trump, has spurred international efforts to regulate and promote local currency-backed digital assets.
Notable financial institutions, including Visa, Sony Bank, and RedotPay, are also moving forward with stablecoin-based services, as reported by industry sources.
Exodus and MoonPay have yet to reveal specifics about supported networks, product availability, or integrations. Both companies have indicated that further details will be shared as the launch date approaches.
The stablecoin has been crafted to enhance the usability of digital dollars while ensuring transparency and complete backing by U.S. dollars.
