Exodus, MoonPay to Launch Regulated Stablecoin for Onchain Payments in 2026

Exodus, a leading self-custody wallet provider, is entering the stablecoin market in partnership with fintech firm MoonPay. The new U.S. dollar-backed stablecoin will be developed with M0's infrastructure and issued and managed by MoonPay according to reports. Scheduled for a January 2026 launch, the token will serve as the backbone for Exodus Pay, a new feature allowing users to spend and send digital dollars seamlessly.

The stablecoin is intended to simplify everyday transactions by eliminating the need for users to interact with centralized exchanges. Exodus CEO JP Richardson emphasized that the experience should align with modern consumer app expectations according to reports. The token is part of a broader trend, with major financial players like Visa and Sony Bank also exploring stablecoin-based solutions.

The partnership between Exodus and MoonPay underscores both companies' strategic bets on digital dollars as a transformative financial tool. Exodus aims to integrate self-custody with everyday payments, a feature that differentiates it from traditional crypto exchanges. MoonPay, already a key player in digital payments, sees this as an opportunity to expand its enterprise stablecoin offerings.

MoonPay CEO Ivan Soto-Wright highlighted the potential of embedding stablecoins into consumer-facing platforms. The collaboration demonstrates how compliant stablecoin issuance can scale globally, leveraging MoonPay's extensive network for buy, sell, and swap tools according to reports. Regulatory approval remains a key factor in the rollout, particularly in markets outside the U.S.

Stablecoins have become essential to the growth of crypto and DeFi, with a market capitalization of over $267 billion according to data. The GENIUS Act has accelerated this trend by providing regulatory clarity, encouraging more institutions to enter the space. This includes major companies like PayPal and Circle, which now offer their own stablecoins.

The launch of the Exodus stablecoin coincides with increasing global interest in regulated stablecoins. Countries are now adopting similar frameworks to supervise and promote local currency-based stablecoins. This regulatory momentum supports the broader adoption of digital assets for real-world transactions, such as retail purchases and international transfers.

For consumers, the Exodus stablecoin represents a simpler way to hold and move dollars onchain. It eliminates the complexity typically associated with crypto transactions, offering a familiar interface within the Exodus app according to reports. The integration of rewards and ease of use is expected to attract a broader user base, including those new to digital assets.

Institutional adoption is also gaining traction. Visa has already begun offering banks and fintechs the ability to settle transactions using USDC, a popular stablecoin. With the Exodus stablecoin, similar opportunities may arise for merchant adoption and on-chain spending. This could further blur the lines between traditional and digital finance.

The Exodus-MoonPay stablecoin is part of a growing wave of innovation in the stablecoin sector. As more companies enter the space, competition and diversification are expected to increase. This could lead to more consumer-friendly products and greater financial inclusion, particularly in regions with limited access to traditional banking services.

Regulatory clarity, as provided by the GENIUS Act, is a key enabler for this growth. It ensures that stablecoin issuers meet reserve requirements and operate transparently. This is especially important for non-bank institutions, which will now be subject to oversight by the Office of the Comptroller of the Currency.

With the stablecoin market evolving rapidly, the partnership between Exodus and MoonPay is a significant step forward. It reflects a broader shift toward integrating digital assets into everyday financial activities. As more companies follow suit, the future of payments may increasingly rely on stablecoins to facilitate fast, secure, and transparent transactions.