Digital asset platform Exodus has partnered with crypto payments firm MoonPay to launch a US dollar-backed stablecoin aimed at everyday payments.
The Exodus Movement said the fully reserved stablecoin is scheduled to launch in early 2026.
MoonPay will issue and manage the stablecoin, providing regulatory and operational support.
The token will be built using M0, a stablecoin infrastructure platform that enables companies to create and manage custom digital dollars.
The stablecoin has not yet been named, according to the companies.
Exodus said the product is designed to simplify digital dollar payments for consumers without requiring deep crypto knowledge.
The stablecoin will be integrated into Exodus Pay, allowing users to send and spend funds while retaining self-custody.
Exodus said the integration is intended to combine the familiarity of consumer payment apps with blockchain-based settlement.
“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,” JP Richardson said.