Publicly listed crypto company Exodus Movement Inc. has officially entered the stablecoin market. The company recently announced a partnership with global crypto payments and fintech platform MoonPay to launch a USD-based stablecoin as the infrastructure for self-custodied payment services within the Exodus ecosystem.
The stablecoin is issued by MoonPay, with technology provided by infrastructure provider M0.
This stablecoin is expected to officially launch in January 2026. MoonPay will be responsible for its issuance and daily management, while M0, a stablecoin infrastructure provider, will provide the underlying technology support. Details regarding the chosen blockchain network, product features, and usage will be gradually released later.
Stablecoins support Exodus Pay, focusing on international remittances and self-custody of assets.
Founded in 2015, Exodus (NYSE: EXOD ) is a developer specializing in self-custody crypto wallets, providing desktop and mobile applications that allow users to manage, exchange, and hold digital assets without relying on third-party platforms. Exodus went public in the U.S. in 2021, emphasizing user asset autonomy, privacy, and decentralized finance experiences. It currently supports hundreds of crypto assets and multiple mainstream blockchains.
The core purpose of launching this stablecoin is to support the upcoming Exodus Pay feature. Exodus Pay emphasizes an "everyday-useful crypto payment experience," allowing users to directly spend, transfer, and receive digital USD within their Exodus wallets without first transferring assets to centralized exchanges or dealing with complex wallet settings and on-chain operations. The official statement indicates that users will be able to use this feature for international remittances, small payments, and even everyday purchases like coffee, while maintaining full control over their assets.
JP Richardson, co-founder and CEO of Exodus, stated that stablecoins are rapidly becoming the easiest way for people to hold and transfer US dollars on-chain, but most products still fail to meet mainstream consumers' expectations for financial applications. He pointed out that Exodus' goal is to combine the convenience of stablecoins with intuitive, secure, and user-centric product design to lower the barrier for ordinary people to enter the world of crypto payments.
With this announcement, Exodus joins the ranks of the few publicly listed companies that have launched their own stablecoin products. In recent years, Circle launched USDC, PayPal issued PYUSD, and Fiserv launched FIUSD, demonstrating that stablecoins have gradually become an important tool for large financial and technology companies in their digital payment strategies.
MoonPay launched its enterprise-grade stablecoin issuance platform last November, emphasizing compliance, scalability, and global deployment. MoonPay CEO Ivan Soto Wright stated that the partnership with Exodus proves that branded digital dollars can be successfully embedded in consumer-facing financial products and, within legal and compliant boundaries, can be scaled up through a global infrastructure.
In the future, the Exodus stablecoin will be traded and circulated through MoonPay's global network, encompassing functions such as buying, selling, and exchanging. However, the actual rollout timeline and available markets will depend on approvals from regulatory agencies in various countries and regions.
This article, titled "Exodus, a publicly listed company, partners with MoonPay to launch a USD stablecoin, challenging the market share of USDC and PYUSD," first appeared on ABMedia, a ABMedia .
