Exodus launches USD-backed stablecoin with MoonPay for everyday crypto payments
- Exodus is launching a fully reserved, USD-backed stablecoin in partnership with MoonPay.
- The stablecoin is set to go live in January 2026, pending regulatory approval.
- This initiative positions Exodus alongside companies like Circle (USDC) and PayPal (PYUSD) in the stablecoin market.
- Users will be able to spend and send the digital dollar through the Exodus app while earning rewards.
- The stablecoin will utilize MoonPay’s global network for transactions, including buy, sell, and swap tools.
The launch of this stablecoin reflects a growing trend towards consumer-friendly crypto solutions that prioritize self-custody and ease of use. This aligns with CEO JP Richardson’s vision of enhancing user experience in digital finance.
With plans for a January launch, the Exodus stablecoin aims to simplify international transactions and everyday purchases using cryptocurrency.(Source)
