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Omaha, Neb. - December 16, 2025
Exodus Movement, Inc. (NYSE American: EXOD), a self-custodial cryptocurrency wallet provider, announced a partnership with MoonPay and stablecoin infrastructure platform M0 to launch a fully reserved USD-backed stablecoin in early 2026.
The unnamed stablecoin will be issued and managed by MoonPay, utilizing M0's open infrastructure for programmable and interoperable deployment across multiple blockchains.
It is designed to integrate with Exodus Pay, an upcoming payments feature enabling users to send, spend, and earn rewards on digital dollars while maintaining self-custody.
Key Takeaways
- Exodus launches fully reserved USD-backed stablecoin with MoonPay issuance and M0 infrastructure in early 2026.
- Stablecoin integrates into Exodus Pay for self-custodial spending, sending, and rewards without crypto expertise.
- Asset available across MoonPay's network for broad buy/sell/swap access and merchant checkout.
- Focuses on application-specific design for consumer payments and global digital dollar utility.
- Launch supports Exodus' shift to stablecoin-powered everyday transactions.

Partnership Details
- Issuer and Manager: MoonPay handles issuance, reserves (fully backed by U.S. dollar deposits), and operations.
- Infrastructure Provider: M0 enables rapid, application-specific stablecoin development with controls for network expansion and integrations.
- Distribution: Available via MoonPay's global network for buy, sell, swap, deposit, and checkout functions, extending utility to users, merchants, and partner applications.
- Launch Timeline: Early 2026, subject to regulatory approvals; further details on supported networks and integrations forthcoming.

Executive Statements
JP Richardson, Exodus co-founder and CEO: "Stablecoins are quickly becoming the simplest way for people to hold and move dollars onchain, but the experience still needs to meet the expectations set by today’s consumer apps."
Ivan Soto-Wright, MoonPay CEO and co-founder: "This launch shows what’s possible when a consumer-first product integrates compliant stablecoin issuance with infrastructure and distribution that can operate at global scale."
Luca Prosperi, M0 co-founder and CEO: "M0’s infrastructure lets partners launch application-specific digital dollars quickly, with strong controls and flexibility."

Conclusion
Exodus' stablecoin entry strengthens its pivot to payments, leveraging MoonPay's compliance and distribution with M0's customizable infrastructure, positioning it to capture growing demand for branded, self-custodial digital dollars in a regulated market.
Read Next:
- Best Stablecoins for Cross-Border Payments in 2025
- The Role of Stablecoins in Monetary Policy Transmission
- The Neobank Transition Report
FAQs:
1. What is the new Exodus stablecoin?
A fully reserved, USD-backed digital dollar issued by MoonPay using M0 infrastructure, focused on consumer payments.
2. When will the stablecoin launch?
Early 2026, with availability subject to regulatory considerations.
3. Who issues and manages the stablecoin?
MoonPay issues and manages it; M0 provides the underlying open stablecoin platform.
4. How will users access it?
Integrated into Exodus Pay for self-custodial spending and sending; also via MoonPay's network for buy/sell/swap.
5. Is the stablecoin fully backed?
Yes, fully reserved with U.S. dollar deposits.
Disclaimer:
This content is provided for informational and educational purposes only and does not constitute financial, investment, legal, or tax advice; no material herein should be interpreted as a recommendation, endorsement, or solicitation to buy or sell any financial instrument, and readers should conduct their own independent research or consult a qualified professional.