Exodus and MoonPay Partner to Launch Dollar-Backed Stablecoin for Mainstream Payments
Digital asset platform Exodus has teamed with crypto payments firm MoonPay to introduce a fully reserved dollar stablecoin targeting everyday transactions. The collaboration leverages MoonPay's infrastructure and M0's stablecoin platform for a 2026 launch.
The stablecoin will power Exodus Pay, enabling global digital dollar transactions while preserving self-custody. 'Stablecoins are becoming the simplest onchain dollar instrument,' said Exodus CEO JP Richardson, noting the solution bridges crypto functionality with consumer app expectations.
The initiative marks another convergence of traditional payment convenience with blockchain's self-custody advantages. No technical cryptocurrency knowledge will be required for end users.