COINOTAG News reported on December 17, citing Coindesk, that Exodus is formalizing its move into the stablecoin space by launching a fully USD-backed stablecoin developed with fintech partner MoonPay. MoonPay—backed by M0, a stablecoin infrastructure provider—will oversee issuance and ongoing management of the token. The launch is targeted for January 2026, with network specifics and product scope to be announced later.

At the core of the plan is the Exodus Stablecoin powering the forthcoming platform, Exodus Pay, which aims to enable everyday cryptocurrency payments without compromising user self-custody. This approach signals a shift toward non-custodial, fiat-pegged liquidity within the Exodus ecosystem, with potential implications for merchant adoption and on-chain spend while preserving user control.