Exodus wallet to add stablecoin for payments in early 2026

Exodus Movement is partnering with MoonPay and M0 to launch a fully reserved U.S. dollar-backed stablecoin in early 2026. MoonPay will issue and manage the token using M0’s infrastructure, with the coin intended to power the forthcoming Exodus Pay feature in the Exodus app.

The stablecoin is designed to act as a digital dollar inside Exodus, allowing users to spend, manage money and earn rewards without needing to understand cryptocurrency mechanics, according to the announcement. Details on supported networks, availability and product integrations will be provided closer to launch.

The token will be fully reserved-backed one-to-one by U.S. dollar assets-per the companies. MoonPay will serve as issuer and manager, building on its recent integration with M0 to expand its enterprise stablecoin business. M0 will provide the underlying issuance and management infrastructure. (Additional background on Moonpay can be found in our Moonpay review).

“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,” noted JP Richardson, CEO of Exodus. “This launch will bring a digital dollar experience to Exodus to make spending and sending money around the world simple.”

The stablecoin is expected to complement Exodus Pay, a payment component inside the Exodus wallet that will let users spend with stablecoins and track finances in one place. Jurisdictions and partner networks were not disclosed and will be shared ahead of launch.

Stablecoins are widely used in crypto trading and decentralized finance and have drawn policy and industry attention this year. Financial and technology firms, including Visa and Sony Bank, have explored or launched stablecoin initiatives.

As we reported earlier, Visa enabled settlement using Circle’s USDC for U.S. issuers and acquirers on the Solana blockchain. Cross River Bank and Lead Bank are live, with nationwide access planned through 2026. Visa said the change shortens settlement cycles and makes liquidity management more predictable while leaving the cardholder experience unchanged.