Exodus And MoonPay Launch New Stablecoin For Everyday Use
Exodus has partnered with MoonPay to launch a US dollar-backed stablecoin aimed at simplifying everyday digital payments. Planned for early 2026, the stablecoin will be fully reserved, issued, and managed by MoonPay using the M0 infrastructure, enabling companies to create and operate custom stablecoins. The new token will integrate with Exodus Pay and prioritize ease of use for consumers, with no crypto expertise required and continued self-custody. This initiative follows MoonPay’s November launch of its enterprise stablecoin division and comes amid a surge in stablecoin offerings due to the US GENIUS Act, which created clear regulations for fiat-backed stablecoins. Other recent entrants include World Liberty Financial’s USD1, Stripe’s stablecoin accounts, and Tether’s new regulatory-compliant coin. Despite new competition, Tether (USDT) and Circle (USDC) still control 85% of the $310 billion stablecoin market.
