Exodus Movement, Inc. announced a partnership with MoonPay and M0 to launch a fully reserved, USD‑backed digital dollar stablecoin that will power everyday payments across the Exodus ecosystem. The stablecoin will be issued and managed by MoonPay, while M0’s programmable stablecoin infrastructure will provide the technical framework. The product will be available through Exodus Pay, allowing users to spend, send, earn rewards, and maintain self‑custody without needing to understand cryptocurrency mechanics.
The stablecoin’s name has not yet been disclosed, and details about the reserve composition, custodian, and audit cadence remain confidential. The rollout will depend on regulatory approvals, likely under the U.S. GENIUS Act that established a federal framework for fiat‑backed stablecoins in July 2025. MoonPay will issue the token on multiple blockchains, and M0’s infrastructure will enable programmable features such as yield distribution and compliance rules tailored to Exodus’s user experience.
Exodus’s Q3 2025 financials underscore the strategic timing of the launch: revenue rose 51% YoY to $30.3 million, net income reached $17.0 million, and monthly active users totaled 1.5 million. The company also completed a $175 million acquisition of W3C Corp and its subsidiaries Baanx and Monavate, and announced the purchase of Grateful, expanding its payment infrastructure. MoonPay reported $107.6 million in 2025 revenue, with Q1 2025 transaction volume up 123% YoY, while M0 raised $40 million in a Series B round in August 2025, bringing total funding to $100 million. These moves position Exodus to capture a share of the projected stablecoin market, which is expected to grow from roughly $240 billion in 2025 to between $1.6 trillion and $3.7 trillion by 2030.
The partnership signals a strategic shift toward self‑custody and user‑friendly digital dollar usage. By integrating a fully reserved stablecoin into its wallet, Exodus can offer a seamless payment experience that meets consumer expectations while maintaining regulatory compliance. The move also diversifies revenue beyond exchange and swap volumes, tapping into transaction fees and potential rewards programs. In a competitive landscape where banks and crypto firms are launching their own stablecoins, Exodus’s focus on self‑custody and programmable features—highlighted by M0’s infrastructure—could become a differentiator.
JP Richardson, CEO of Exodus, said the stablecoin “is 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.” Luca Prosperi, CEO of M0, added that enterprises want stablecoins that are “programmable, interoperable and tailored to a specific product experience.” The stablecoin is slated to launch in early 2026, and the partnership is expected to strengthen Exodus’s position in the growing stablecoin market while providing a new, regulated, and user‑centric payment option.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.