MoonPay to issue and manage Exodus USD-backed stablecoin

MoonPay is excited to announce a partnership with Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial digital asset platform, to launch a fully reserved, USD-backed dollar stablecoin that will power digital dollar experiences across the Exodus ecosystem. 

The asset will be issued and managed by MoonPay and developed using M0’s open stablecoin infrastructure.

The launch builds on Exodus Pay, an upcoming everyday payment experience in the Exodus app that will let customers use stablecoins to spend and send money, earn rewards, and maintain self-custody. The dedicated digital dollar will bring the reliability, speed, and global scale of stablecoins to consumer crypto experiences and support the expansion of Exodus’ payments ecosystem over time.

“Exodus is building toward a world where digital dollars are a practical part of how people move money,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “This launch shows what’s possible when a consumer-first product integrates compliant stablecoin issuance with infrastructure and distribution that can operate at global scale.”

The stablecoin will be available across MoonPay’s global distribution network, including buy, sell, swap, deposit, and checkout experiences, providing broad access and real-world utility for users, partner applications, and merchants.