Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Exodus joins stablecoin race with MoonPay-ba
Finance
Share
Share this article
Copy linkX (Twitter)LinkedInFacebookEmail
Exodus joins stablecoin race with MoonPay-ba
Exodus joins stablecoin race with MoonPay-backed digital dollar
Exodus joins stablecoin race with MoonPay-backed digital dollar
The public crypto wallet firm joins Circle and PayPal in issuing stablecoins.
By Helene Braun, AI Boost|Edited by Nikhilesh De
Updated Dec 16, 2025, 9:33 p.m. Published Dec 16, 2025, 9:25 p.m.
100 dollar bill on table (Live Richer/Unsplash/Modified by CoinDesk)
What to know:
- Exodus is launching a fully reserved, USD-backed stablecoin with MoonPay to power self-custodial payments in its crypto wallet app.
- The stablecoin will support Exodus Pay, a new feature enabling users to spend and send digital dollars without relying on centralized exchanges.
- With the launch, Exodus joins a short list of public companies, including PayPal and Circle, backing stablecoin products.
Crypto wallet provider Exodus (EXOD) is entering the stablecoin market with the launch of a fully reserved, USD-backed stablecoin in partnership with fintech firm MoonPay.
MoonPay will issue and manage the stablecoin, with support from stablecoin infrastructure provider M0. The token is expected to go live in January 2026, with network and product details to follow.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sign me up
The move places Exodus among a small group of public companies behind stablecoin products, including Circle (USDC), PayPal (PYUSD) and Fiserv (FIUSD).
The Exodus stablecoin is central to its upcoming product, Exodus Pay, which aims to offer everyday payments in crypto without sacrificing self-custody. Users will be able to spend and send the digital dollar through the Exodus app while earning rewards and avoiding the complexity of typical crypto transactions.
“Stablecoins are quickly becoming the simplest way for people to hold and move dollars onchain,” said JP Richardson, co-founder and CEO at Exodus. “But the experience still needs to meet the expectations set by today’s consumer apps.”
In practice, this could look like a user sending money internationally or buying coffee using a stablecoin inside the Exodus app, without needing to touch a centralized exchange or manage complex wallet settings.
MoonPay, which launched its enterprise stablecoin platform in November, said the Exodus deal demonstrates how branded digital dollars can be embedded into consumer-facing financial tools.
“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,” said MoonPay CEO Ivan Soto-Wright.
The Exodus stablecoin will be accessible through MoonPay’s global network, including its buy, sell, and swap tools. Rollout will depend on regulatory approval in various markets.
StablecoinsExodus
AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk's full AI Policy.
More For You
Protocol Research: GoPlus Security
Commissioned byGoPlus
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
View Full Report
More For You
Marshall Islands launches world’s first blockchain-based UBI on Stellar blockchain
Backed by U.S. Treasuries, USDM1 marks a new model for digital public finance and universal basic income in underserved regions.
What to know:
- The Marshall Islands has launched the first on-chain universal basic income disbursement using a digitally native bond on the Stellar blockchain.
- The initiative, part of the ENRA program, replaces physical cash deliveries with digital transfers to citizens across dispersed islands.
- USDM1, a U.S. dollar-denominated bond, is fully backed by U.S. Treasury bills and distributed via a custom digital wallet app.
Read full story
Latest Crypto News
Zero-Knowledge Tech Is the Key to Quantum-Proofing Bitcoin
Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde
Bitcoin derivatives point to broad price range play between $85,000-$100,000
U.S. Senate's Warren asks for Trump-tied crypto probe as market structure bill drags
BNB tops $870, outperforming crypto majors as volume surges
Marshall Islands launches world’s first blockchain-based UBI on Stellar blockchain
Top Stories
Bitcoin's massive underperformance to stocks in Q4 bodes well for January, says K33's Lunde
U.S. FDIC proposes first U.S. stablecoin rule to emerge from GENIUS Act
Bitcoin derivatives point to broad price range play between $85,000-$100,000
U.S. Senate's Warren asks for Trump-tied crypto probe as market structure bill drags
Bitcoin bounces from Monday's worst levels, but sub-$80,000 may come next, analyst says
Eric Trump’s American Bitcoin jumps to 20th among public BTC treasury companies
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Visa Expands USDC Stablecoin Settlement For US Banks
The post Visa Expands USDC Stablecoin Settlement For US Banks appeared on BitcoinEthereumNews.com. Visa Expands USDC Stablecoin Settlement For US Banks
Share
BitcoinEthereumNews2025/12/17 15:23
North America Sees $2.3T in Crypto
The post North America Sees $2.3T in Crypto appeared on BitcoinEthereumNews.com. Key Notes North America received $2.3 trillion in crypto value between July 2024 and June 2025, representing 26% of global activity. Tokenized U.S. treasuries saw assets under management (AUM) grow from $2 billion to over $7 billion in the last twelve months. U.S.-listed Bitcoin ETFs now account for over $120 billion in AUM, signaling strong institutional demand for the asset. . North America has established itself as a major center for cryptocurrency activity, with significant transaction volumes recorded over the past year. The region’s growth highlights an increasing institutional and retail interest in digital assets, particularly within the United States. According to a new report from blockchain analytics firm Chainalysis published on September 17, North America received $2.3 trillion in cryptocurrency value between July 2024 and June 2025. This volume represents 26% of all global transaction activity during that period. The report suggests this activity was influenced by a more favorable regulatory outlook and institutional trading strategies. A peak in monthly value was recorded in December 2024, when an estimated $244 billion was transferred in a single month. ETFs and Tokenization Drive Adoption The rise of spot Bitcoin BTC $115 760 24h volatility: 0.5% Market cap: $2.30 T Vol. 24h: $43.60 B ETFs has been a significant factor in the market’s expansion. U.S.-listed Bitcoin ETFs now hold over $120 billion in assets under management (AUM), making up a large portion of the roughly $180 billion held globally. The strong demand is reflected in a recent resumption of inflows, although the products are not without their detractors, with author Robert Kiyosaki calling ETFs “for losers.” The market for tokenized real-world assets also saw notable growth. While funds holding tokenized U.S. treasuries expanded their AUM from approximately $2 billion to more than $7 billion, the trend is expanding into other asset classes.…
Share
BitcoinEthereumNews2025/09/18 02:07
Will Ozak AI Outperform DOGE, SHIB, and PEPE in Risk-Adjusted Returns?
The post Will Ozak AI Outperform DOGE, SHIB, and PEPE in Risk-Adjusted Returns? appeared on BitcoinEthereumNews.com. While DOGE, SHIB, and PEPE continue to dominate
Share
BitcoinEthereumNews2025/12/17 15:06