TLDR  Exodus, MoonPay, and M0 are launching a USD-backed stablecoin fully reserved by U.S. dollar deposits for consumer payments.  The stablecoin will power ExodusTLDR  Exodus, MoonPay, and M0 are launching a USD-backed stablecoin fully reserved by U.S. dollar deposits for consumer payments.  The stablecoin will power Exodus

MoonPay, Exodus, and M0 Launch USD-Backed Stablecoin for Consumer Payments

TLDR

  •  Exodus, MoonPay, and M0 are launching a USD-backed stablecoin fully reserved by U.S. dollar deposits for consumer payments.
  •  The stablecoin will power Exodus Pay, enabling users to send, spend, and earn digital dollars while maintaining self-custody.
  •  MoonPay will issue and manage the stablecoin, supporting use cases across buy, sell, swap, deposit, and checkout services.
  • M0’s open infrastructure enables rapid deployment of application-specific stablecoins with programmable, interoperable features.
  • Full product details, supported networks, and availability will be released closer to launch, pending regulatory compliance.

Exodus, MoonPay, and M0 have announced a joint launch of a USD-backed stablecoin designed for consumer transactions and global accessibility. According to a press release that was shared with GlobeNewswire, the stablecoin will be fully reserved with U.S. dollar deposits and issued by MoonPay using M0’s open infrastructure. It will integrate into Exodus Pay, a new self-custodial payments experience inside the Exodus platform.

Stablecoin Powers Exodus Pay Integration

Exodus confirmed the launch of a dedicated digital dollar stablecoin to support payments inside its wallet ecosystem. The asset will be issued and managed by MoonPay while M0 will provide the underlying open infrastructure. Exodus Pay will let users send and spend stablecoins while keeping full custody of their funds. The feature is designed to simplify payments for users without requiring knowledge of blockchain.

CEO JP Richardson said the stablecoin would help modernize payments. “This launch will bring a digital dollar experience to Exodus to make spending and sending money simple,” he stated. The digital dollar aims to provide fast, borderless, and reliable transaction functionality within the app. The integration of stablecoin functionality is expected to expand over time.

MoonPay will distribute the stablecoin across its global network. This includes support for buy, sell, swap, deposit, and checkout operations. The broad rollout will allow partner platforms and merchants to access real-world use cases. The companies plan to share further technical and regulatory details before launch in 2026.

MoonPay to Manage Stablecoin Issuance and Distribution

MoonPay will take full responsibility for issuing and managing the stablecoin across multiple supported blockchain networks. The company launched its enterprise stablecoin platform in November 2025, focusing on fully reserved digital dollars. CEO Ivan Soto-Wright said the integration shows how compliant issuance can operate globally. “Exodus is building toward a world where digital dollars are a practical part of how people move money,” he said.

M0’s infrastructure enables the creation of application-specific stablecoins. It provides tools to maintain controls and ensure cross-network functionality. CEO Luca Prosperi said M0 allows partners to scale while maintaining flexibility. “M0’s infrastructure lets partners launch application-specific digital dollars quickly,” he said.

The new digital dollar will operate under regulatory compliance depending on regional rules. Final launch details, including supported blockchains and availability, will be confirmed closer to the 2026 release. Deployment will align with legal requirements in all active markets.

The post MoonPay, Exodus, and M0 Launch USD-Backed Stablecoin for Consumer Payments appeared first on Blockonomi.

Market Opportunity
Union Logo
Union Price(U)
$0.003475
$0.003475$0.003475
+7.15%
USD
Union (U) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

MoneyGram launches stablecoin-powered app in Colombia

MoneyGram launches stablecoin-powered app in Colombia

The post MoneyGram launches stablecoin-powered app in Colombia appeared on BitcoinEthereumNews.com. MoneyGram has launched a new mobile application in Colombia that uses USD-pegged stablecoins to modernize cross-border remittances. According to an announcement on Wednesday, the app allows customers to receive money instantly into a US dollar balance backed by Circle’s USDC stablecoin, which can be stored, spent, or cashed out through MoneyGram’s global retail network. The rollout is designed to address the volatility of local currencies, particularly the Colombian peso. Built on the Stellar blockchain and supported by wallet infrastructure provider Crossmint, the app marks MoneyGram’s most significant move yet to integrate stablecoins into consumer-facing services. Colombia was selected as the first market due to its heavy reliance on inbound remittances—families in the country receive more than 22 times the amount they send abroad, according to Statista. The announcement said future expansions will target other remittance-heavy markets. MoneyGram, which has nearly 500,000 retail locations globally, has experimented with blockchain rails since partnering with the Stellar Development Foundation in 2021. It has since built cash on and off ramps for stablecoins, developed APIs for crypto integration, and incorporated stablecoins into its internal settlement processes. “This launch is the first step toward a world where every person, everywhere, has access to dollar stablecoins,” CEO Anthony Soohoo stated. The company emphasized compliance, citing decades of regulatory experience, though stablecoin oversight remains fluid. The US Congress passed the GENIUS Act earlier this year, establishing a framework for stablecoin regulation, which MoneyGram has pointed to as providing clearer guardrails. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/moneygram-stablecoin-app-colombia
Share
BitcoinEthereumNews2025/09/18 07:04
WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence

WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence

The post WIF Price Prediction: Targeting $0.48 Recovery Within 2 Weeks as MACD Shows Bullish Divergence appeared on BitcoinEthereumNews.com. James Ding Dec 16
Share
BitcoinEthereumNews2025/12/17 17:32
Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Tokyo’s Metaplanet Launches Miami Subsidiary to Amplify Bitcoin Income

Metaplanet Inc., the Japanese public company known for its bitcoin treasury, is launching a Miami subsidiary to run a dedicated derivatives and income strategy aimed at turning holdings into steady, U.S.-based cash flow. Japanese Bitcoin Treasury Player Metaplanet Opens Miami Outpost The new entity, Metaplanet Income Corp., sits under Metaplanet Holdings, Inc. and is based […]
Share
Coinstats2025/09/18 00:32