Exodus Teams Up With MoonPay to Launch a Dollar-Backed Stablecoin

• Exodus partners with MoonPay to issue a US dollar-backed stablecoin for payments.
• The stablecoin will power Exodus Pay with self-custody and global payment integration.

Exodus is teaming up with MoonPay to roll out a US dollar–backed stablecoin, built to hold a 1:1 value with the dollar. The token will plug directly into the Exodus app, giving users a simple way to move money without relying on trading features alone. The idea is to offer a digital dollar people can actually use day to day while still keeping full control of their assets.

Through the partnership, the crypto payment platform takes on the role of issuing and overseeing the stablecoin, as Exodus integrates it into its wallet interface. It’s set to become the foundation of Exodus Pay, a service built for everyday payments and transfers using a digital dollar balance. And importantly, the user still holds the keys to their assets, a principle Exodus has emphasized since the very beginning.

MoonPay Pushes Stablecoins Toward Real Payment Use Cases

Still, the way Exodus and MoonPay are approaching this project sets it apart from earlier stablecoin efforts. Their focus is on practical, everyday utility, especially for sending money across borders and handling simple transfers.

The issuance infrastructure utilizes technology from M0, a platform focused on a stablecoin system that is compliant with regulations and operationally efficient. While details of the blockchain network have not been disclosed to the public, the project is reportedly being prepared with a strict compliance approach before its official release.

The team is aiming to roll out the stablecoin in early 2026. Once it goes live, it will plug into MoonPay’s global network, giving users a smooth way to buy, swap, deposit, and complete checkout payments using the token.

Furthermore, this integration also opens up opportunities for stablecoin use outside the Exodus ecosystem, particularly through the platform’s existing payment services.

Over the past few months, we’ve watched MoonPay steadily widen its footprint across both regulatory and payment frameworks. Back on November 26, we reported that MoonPay had earned approval from the NYDFS, clearing the company to offer custody services and OTC crypto trading in New York. That green light gives MoonPay a clearer path into larger institutional and enterprise markets.

A few weeks earlier, in mid-October, we also reported on the launch of MoonPay Commerce, a global platform that makes it easy for businesses to accept crypto payments for products and services. MoonPay Commerce integrates Helio technology, providing a streamlined checkout system, API tools for developers, and flexible global crypto and fiat conversions.

Further back, on September 13, we covered the debut of MoonTags, a feature that lets users move crypto using a simple username instead of long wallet strings. MoonTags also picks the correct blockchain automatically, cutting down on mistakes and making cross-border transfers far easier.