Exodus, MoonPay and M0 unveil a new digital dollar stablecoin for everyday payments. The launch builds on Exodus Pay, the asset will be issued and managed by MoonPay and developed using M0’s open stablecoin infrastructure.

Exodus Movement has announced a new USD-backed digital dollar stablecoin developed in partnership with MoonPay and stablecoin infrastructure provider M0, aimed at everyday payments and tightly integrated into the Exodus wallet ecosystem. The stablecoin will be fully reserved and issued and managed by MoonPay using M0’s open stablecoin infrastructure, with an initial launch targeted for early 2026, subject to regulatory approvals. According to the joint announcement, the new digital dollar is designed to power Exodus Pay, an upcoming feature in the Exodus app that will let users spend and send stablecoins, earn rewards, and maintain self-custody without needing prior crypto expertise. The asset is positioned as core infrastructure for Exodus’ broader payments strategy, following the company’s $175 million acquisition of W3C Corp and its subsidiaries Baanx and Monavate to build an integrated wallet-and-card payments stack. MoonPay plans to distribute the stablecoin across its global network (buy, sell, swap, deposit, and checkout flows), while M0 provides the underlying platform to issue and manage custom stablecoins across multiple blockchains, enabling cross-chain functionality and a focus on transparent, fully backed reserves. The initiative reflects a broader trend of regulated, fiat-backed stablecoins being embedded directly into consumer-facing wallets and payment applications, aiming to bridge traditional payments and crypto-native infrastructure. Exodus, MoonPay, and M0 emphasize transparency, regulatory compliance, and institutional-grade safeguards, pitching the stablecoin as a tool for everyday digital dollar use—payments, remittances, and in-app liquidity—rather than a speculative asset, with further details on supported networks, availability, and specific product integrations to be disclosed closer to launch. "entities":["Exodus Movement, Inc. (Exodus)","Exodus Pay","MoonPay","M0 (M0 Foundation / M0 platform)","Exodus digital dollar stablecoin (USD-backed digital dollar)","U.S. dollar (USD)","W3C Corp","Baanx","Monavate"]}Note: The last lines above look like code due to formatting; here is the corrected JSON response without markdown fences: {"brief":"Exodus Movement has announced a new USD-backed digital dollar stablecoin developed in partnership with MoonPay and stablecoin infrastructure provider M0, aimed at everyday payments and tightly integrated into the Exodus wallet ecosystem. The stablecoin will be fully reserved and issued and managed by MoonPay using M0’s open stablecoin infrastructure, with an initial launch targeted for early 2026, subject to regulatory approvals.\n\nAccording to the joint announcement, the new digital dollar is designed to power Exodus Pay, an upcoming feature in the Exodus app that will let users spend and send stablecoins, earn rewards, and maintain self-custody without needing prior crypto expertise. The asset is positioned as core infrastructure for Exodus’ broader payments strategy, following the company’s $175 million acquisition of W3C Corp and its subsidiaries Baanx and Monavate to build an integrated wallet-and-card payments stack. MoonPay plans to distribute the stablecoin across its global network (buy, sell, swap, deposit, and checkout flows), while M0 provides the underlying platform to issue and manage custom stablecoins across multiple blockchains, enabling cross-chain functionality and a focus on transparent, fully backed reserves.\n\nThe initiative reflects a broader trend of regulated, fiat-backed stablecoins being embedded directly into consumer-facing wallets and payment applications, aiming to bridge traditional payments and crypto-native infrastructure. Exodus, MoonPay, and M0 emphasize transparency, regulatory compliance, and institutional-grade safeguards, pitching the stablecoin as a tool for everyday digital dollar use—payments, remittances, and in-app liquidity—rather than a speculative asset, with further details on supported networks, availability, and specific product integrations to be disclosed closer to launch.","entities":["Exodus Movement, Inc. (Exodus)","Exodus Pay","MoonPay","M0 (M0 Foundation / M0 platform)","Exodus digital dollar stablecoin (USD-backed digital dollar)","U.S. dollar (USD)","W3C Corp","Baanx","Monavate"]}

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