Exodus Wallet to launch USD stablecoin with MoonPay and M0

Three market giants, Exodus, MoonPay, and M0, are entering a partnership to launch a new stablecoin pegged to the US dollar. While Exodus is a leading self-custody wallet provider with advanced features and quirks, MoonPay is a globally renowned crypto-fiat onramp platform.

In this partnership, M0 distinctively holds the experience to launch the stablecoin as it is the platform that supplies the necessary infrastructure for building programmable, compliant, and interoperable digital currencies. M0’s expertise is renowned, and so far, it has launched four live US dollar stablecoins, which are the USDai, UsualM, MetaMask USD, and Noble Dollar.

With the three most wanted crypto-linked services joining hands to build a new US dollar-backed stablecoin, the crypto community is eagerly waiting for updates. The stablecoin industry currently holds a 304.5 billion dollar market cap. This growing interest in a global currency within a stable infrastructure provides new opportunities for cross-border crypto transactions.

Details Of The Purpose And Plan Of Action

The latest stablecoin to be made will be launched through M0’s infrastructure. The issuance and management of the stablecoin is the responsibility of MoonPay. This new stablecoin is expected to function as a complementary system within Exodus Wallet, known as Exodus Pay, which is soon to be released on the Exodus platform.

This particular stablecoin finds use cases in fund management and earning rewards within the Exodus platform for its clients/customers. The purpose of the stablecoin is to reach beyond providing a basic payment infrastructure, as it can be used by relatively new users with no prior experience or knowledge in the cryptocurrency realm.

According to JP Richardson, CEO of Exodus, the launch will be a turning point for Exodus as it will facilitate sending and spending digital dollars without border restrictions. The new stablecoin is expected to open new avenues for cross-border transactions within and outside the Exodus platform.

The American Regulatory Support

Stablecoins have long been a critical element of the crypto ecosystem. With the latest Trump administration taking a pro-crypto stance, the possibilities for stablecoins have multiplied. The current US president is a strong believer in stablecoins regarding their ability to strengthen the global dominance of the US dollar by representing it and offering unparalleled ease of access across borders.

This regulatory support, coupled with the GENIUS Act(Guiding and Establishing National Innovation for U.S. Stablecoins Act), has prompted several nations worldwide to start supporting crypto-linked private ventures from a regulatory standpoint in launching the blockchain equivalent stablecoins of their native currencies.

A Global Picture Of The Stablecoin Landscape

Fintech giants like VISA and Sony Bank have also decided to join the stablecoin race as they have realized the potential that stablecoin ventures carry. This becomes a matter of paramount importance for fintech companies like VISA, which presently dominate the global currency and monetary transaction sector.

On 16th December, 2025, RedotPay, a Hong Kong-based fintech that develops stablecoin payment infrastructure, announced that it had raised a massive 107 million US dollars in its series B funding.

In other news, Exodus has made a move in anticipation of its latest stablecoin launch. The self-custody wallet provider has decided to acquire W3C Corp and its subsidiaries Baanx and Monavate. This latest acquisition is valued at 175 million US dollars at the moment. The acquisition has broader implications as Exodus stated that it is on a path to build an end-to-end payments stack, which will be comprised of both cryptocurrency wallets and traditional cards.

Also Read: Tether Joins $8M Funding Round for Bitcoin Lightning Startup Speed