Exodus Launches Exodus Pay to Let Users Spend, Send, and Earn Rewards from One App
Rhea-AI Summary
Exodus Movement (NYSE: EXOD) launched Exodus Pay on April 9, 2026, a self-custodial payments feature that lets users spend, send, and earn rewards using USD-backed stablecoins, Bitcoin, and other digital assets.
Available today on iOS, Android, and desktop in select states (Nebraska, Texas, Florida, New York, California) with a full national rollout through April and planned global expansion later in 2026, subject to regulatory considerations. The company said Exodus Pay aims to create a recurring, scalable revenue stream while keeping private keys on user devices.
Positive
- National rollout of Exodus Pay scheduled through April 2026
- Self-custodial model preserves users' private keys on their devices
- Targets a recurring, scalable payments revenue stream for shareholders
- Positions product among early consumer crypto offerings in post-GENIUS Act era
Negative
- Initial launch limited to select states could slow near-term user adoption
- Global expansion planned for later in 2026 is subject to regulatory considerations
News Market Reaction – EXOD
In the Apr 9 session, EXOD declined 7.01%, reflecting a notable negative market reaction. Argus tracked a trough of -11.4% from its starting point during tracking. Our momentum scanner triggered 5 alerts that day, indicating moderate trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 08 | Treasury metrics update | Positive | +5.7% | Reported March treasury growth and user/activity metrics across core assets. |
| Apr 02 | Shareholder event preview | Positive | +3.8% | Announced inaugural shareholder day with record 2025 revenue and roadmap. |
| Mar 12 | Marketing partnership | Positive | -8.7% | MoonPay X Games bonuses in XO Cash and Q2 Exodus Pay launch plans. |
| Mar 11 | Earnings release | Negative | -8.7% | Record 2025 revenue but large Q4 net loss and crypto-heavy balance sheet. |
| Feb 26 | Earnings date notice | Neutral | -1.7% | Scheduled Q4 and full-year 2025 results release and webcast details. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent positive operational updates (treasury growth, shareholder event) often aligned with gains, but some upbeat product/partnership news saw sharp selloffs, indicating inconsistent reactions to growth narratives.
Over recent months, Exodus highlighted growing payments infrastructure and a crypto-heavy treasury, including detailed March metrics on BTC, ETH, SOL and MAUs on Apr 08. Earlier in April, management previewed $121.6M record 2025 revenue and a vertically integrated self-custodial payments roadmap ahead of its shareholder summit. March brought MoonPay partnership news and the launch timeline for Exodus Pay, alongside Q4 2025 results showing record full-year revenue but a substantial net loss. The current Exodus Pay launch builds directly on these payments and self-custody milestones.
Key Terms
self-custodial wallet technical
stablecoin financial
private keys technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Exodus Pay gives users a single app to spend with merchants, send money instantly, and earn rewards, all while keeping full custody
OMAHA, Neb., April 09, 2026 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”) today announced the launch of Exodus Pay, which lets users spend, send, and manage digital assets while retaining full control of their money. Exodus Pay is available today on iOS, Android, and desktop in select states including Nebraska, Texas, Florida, New York, and California, with full national rollout through April.
Exodus Pay is built for people who want their money to move faster without fees, while retaining control. Users manage USD-backed stablecoins in a self-custodial wallet, with private keys stored on their device.
“We spent a decade building a wallet that millions of people trust with their crypto,” said JP Richardson, Co-Founder and CEO of Exodus. “Now, we are creating the last financial app you will ever need, letting anyone pay with digital dollars, Bitcoin, and other borderless digital assets without ever leaving self-custody.”
Product Overview
Exodus Pay is integrated directly into the Exodus app. At launch, users can:
- Spend anywhere. Pay at any merchant that accepts Visa cards or Apple Pay. No crypto knowledge required.
- Send money instantly. Transfer funds using a phone number without any fees.
- Earn rewards. Get rewards based on their app activity.
- Control their digital assets. Access digital dollars, Bitcoin, and crypto—all in one app. The user holds the keys every step of the way.
Why Self-Custody Differentiates Exodus
Major payments apps today require users to deposit money into an account the company controls. If the company freezes the account, the money is frozen. If the company goes down, access goes with it.
Exodus Pay works differently. Funds stay in users’ control through self-custody. This is the model Exodus pioneered for crypto, now applied to digital asset payments.
“After record-breaking 2025 earnings, Exodus Pay opens a revenue stream we've been building toward that is recurring, scalable, and fully ours,” said James Gernetzke, CFO at Exodus. “We're assembling the infrastructure to own the payments process end-to-end so the experience is seamless and the economics stay with Exodus and its shareholders.”
The stablecoin market surpassed
Exodus Pay is available now at exodus.com/pay. Global expansion is planned for later in 2026, subject to applicable regulatory considerations.
JP Richardson and James Gernetzke are available for comment
About Exodus
Founded in 2015, Exodus Movement, Inc. (NYSE American: EXOD) is pioneering self-custodial finance by giving people the tools to earn rewards, spend, manage, and swap digital assets across borders, all without giving up control. Exodus serves millions of users through its products built on a simple principle: your money should be yours.
Exodus also powers crypto infrastructure for enterprise platforms serving millions of users through its enterprise product suite. Headquartered in Omaha, Nebraska, Exodus is financial software where ownership is the default. For more information, visit exodus.com.
Investor Contact investors@exodus.com
Media Contact Aubrey Strobel / Elena Nisonoff, Halcyon Communications exodus@halcyonpr.xyz
Disclosure Information Exodus may use its website and the following social media outlets as distribution channels of material nonpublic information about the Company. Financial and other important information regarding the Company is routinely accessible through and posted on the following: websites exodus.com/investors and exodus.com, and social media: X (@exodus and JP Richardson's feed @jprichardson), Facebook, LinkedIn, and YouTube.
Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking statements. Forward-looking statements are based on our beliefs and assumptions and on information currently available to us as of the date hereof. In some cases, you can identify forward-looking statements by the following words: "will," "expect," "would," "should," "intend," "believe," "expect," "likely," "believes," "views," "estimates," or other comparable terminology. Forward-looking statements in this document include, but are not limited to, our preliminary financial information, including digital asset holdings, exchange provider processed volumes and our fiscal quarter end results, management statements regarding management's confidence in our products, services, business trajectory and plans, expectations regarding demand for our products; and our ability to deliver higher transaction volumes. Such forward-looking statements involve a number of risks, uncertainties and other important factors that could cause our actual results to differ materially from those expressed or implied by our forward-looking statements. Such factors include those set forth in "Item 1. Business" and "Item 1A. Risk Factors" of Form 10-K filed with the Securities and Exchange Commission (the "SEC") on March 6, 2025, as well as in our other reports filed with the SEC from time to time. All forward-looking statements are expressly qualified in their entirety by such cautionary statements. Readers are cautioned not to place undue reliance on such forward-looking statements. Except as required by law, we undertake no obligation to update or revise any forward-looking statements that have been made to reflect events or circumstances that arise after the date made or to reflect the occurrence of unanticipated events.
