Exodus and MoonPay Introduce USD-Backed Stablecoin for Payments
- Exodus, MoonPay, and M0 have collaborated to launch a fully reserved USD-backed stablecoin for everyday transactions.
- The digital dollar is designed to facilitate fast and simple payments for users.
- MoonPay will issue and manage the stablecoin using M0 infrastructure, specifically for Exodus Pay.
- The stablecoin supports spending, sending, rewards, and self-custody via the Exodus Pay app.
- A waitlist is open for users interested in accessing the new digital dollar ahead of its early 2026 launch.
The partnership between Exodus, MoonPay, and M0 aims to deliver a reliable and globally scalable USD-backed stablecoin experience. This initiative seeks to enhance everyday payment processes while adhering to regulatory standards.
Source (3.2)https://cryptobriefing.com/usd-backed-digital-dollar-launch/?rand=59535
