MoonPay, Exodus, and M0 Launch USD-Backed Stablecoin for Consumer Payments
TLDR
- Exodus, MoonPay, and M0 are launching a USD-backed stablecoin fully reserved by U.S. dollar deposits for consumer payments.
- The stablecoin will power Exodus Pay, enabling users to send, spend, and earn digital dollars while maintaining self-custody.
- MoonPay will issue and manage the stablecoin, supporting use cases across buy, sell, swap, deposit, and checkout services.
- M0’s open infrastructure enables rapid deployment of application-specific stablecoins with programmable, interoperable features.
- Full product details, supported networks, and availability will be released closer to launch, pending regulatory compliance.
Exodus, MoonPay, and M0 have announced a joint launch of a USD-backed stablecoin designed for consumer transactions and global accessibility. According to a press release that was shared with GlobeNewswire, the stablecoin will be fully reserved with U.S. dollar deposits and issued by MoonPay using M0’s open infrastructure. It will integrate into Exodus Pay, a new self-custodial payments experience inside the Exodus platform.
Stablecoin Powers Exodus Pay Integration
Exodus confirmed the launch of a dedicated digital dollar stablecoin to support payments inside its wallet ecosystem. The asset will be issued and managed by MoonPay while M0 will provide the underlying open infrastructure. Exodus Pay will let users send and spend stablecoins while keeping full custody of their funds. The feature is designed to simplify payments for users without requiring knowledge of blockchain.
CEO JP Richardson said the stablecoin would help modernize payments. “This launch will bring a digital dollar experience to Exodus to make spending and sending money simple,” he stated. The digital dollar aims to provide fast, borderless, and reliable transaction functionality within the app. The integration of stablecoin functionality is expected to expand over time.
MoonPay will distribute the stablecoin across its global network. This includes support for buy, sell, swap, deposit, and checkout operations. The broad rollout will allow partner platforms and merchants to access real-world use cases. The companies plan to share further technical and regulatory details before launch in 2026.
MoonPay to Manage Stablecoin Issuance and Distribution
MoonPay will take full responsibility for issuing and managing the stablecoin across multiple supported blockchain networks. The company launched its enterprise stablecoin platform in November 2025, focusing on fully reserved digital dollars. CEO Ivan Soto-Wright said the integration shows how compliant issuance can operate globally. “Exodus is building toward a world where digital dollars are a practical part of how people move money,” he said.
M0’s infrastructure enables the creation of application-specific stablecoins. It provides tools to maintain controls and ensure cross-network functionality. CEO Luca Prosperi said M0 allows partners to scale while maintaining flexibility. “M0’s infrastructure lets partners launch application-specific digital dollars quickly,” he said.
The new digital dollar will operate under regulatory compliance depending on regional rules. Final launch details, including supported blockchains and availability, will be confirmed closer to the 2026 release. Deployment will align with legal requirements in all active markets.
The post MoonPay, Exodus, and M0 Launch USD-Backed Stablecoin for Consumer Payments appeared first on Blockonomi.
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