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Exodus (EXOD) Joins Stablecoin Race with MoonPay-Backed Digital Dollar

The stablecoin will support global payments through Exodus Pay and MoonPay’s network, enhancing speed and programmability with fully reserved USD backing.

  • Dec. 16, 2025 release from Omaha, Neb. announced Exodus Movement, Inc. partnered with MoonPay to launch a fully reserved, USD-backed stablecoin.
  • Exodus built the product to power Exodus Pay, enabling consumers using Exodus app to spend, send, earn rewards and maintain self-custody while bringing stablecoin reliability and speed.
  • Operationally, the arrangement pairs MoonPay’s issuance with M0’s open stablecoin infrastructure, as MoonPay issues and manages the fully reserved USD stablecoin while enabling rapid, application-specific launches.
  • Through MoonPay’s global distribution network, the stablecoin will support buy, sell, swap, deposit, and checkout for partner applications and merchants worldwide, with rollout subject to regulators in applicable jurisdictions.
  • MoonPay’s scale — more than 30 million customers — means the deal positions Exodus among a small group of public firms behind branded stablecoins, alongside Circle.
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Exodus, MoonPay and M0 Unveil a New Digital Dollar for Everyday Payments

The stablecoin is fully backed by U.S. dollar deposits, issued and managed by MoonPay...

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This Tuesday Exodus (EXOD) announced its incursion into the stablecoins market by launching a fully reserved digital dollar, developed in partnership with the firm fintech MoonPay. According to JP Richardson, CEO of the company, the asset will be issued and managed by MoonPay with M0 support, and is expected to be fully operational in January 2026. With this, Exodus seeks to enhance its payment ecosystem through the new "Exodus Pay" tool, which …

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TokenPost broke the news in on Tuesday, December 16, 2025.
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