Exodus, MoonPay and M0 Unveil a New Digital Dollar for Everyday Payments
Rhea-AI Summary
Exodus (NYSE American: EXOD) announced a partnership with MoonPay and M0 to launch a fully reserved, USD-backed stablecoin for everyday payments.
The asset will be issued and managed by MoonPay, built on M0’s open stablecoin infrastructure, and integrated into Exodus Pay to enable spending, sending, rewards, and self-custody without requiring crypto knowledge. MoonPay plans global distribution and the stablecoin is expected to launch in early 2026, subject to regulatory availability.
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News Market Reaction 6 Alerts
On the day this news was published, EXOD gained 6.42%, reflecting a notable positive market reaction. Argus tracked a peak move of +6.5% during that session. Our momentum scanner triggered 6 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $27M to the company's valuation, bringing the market cap to $443M at that time.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Market Reality Check
Peers on Argus
Peers show mixed, modest moves (e.g., PSFE -0.49%, SABR +1.34%, IIIV +2.28%), while EXOD is down 10.97%, pointing to stock-specific dynamics rather than a sector-wide shift.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Dec 09 | Treasury update | Neutral | +3.0% | Updated November treasury, user metrics, and swap volumes, plus W3C funding plans. |
| Dec 09 | Treasury update | Neutral | +3.0% | Detailed November asset holdings, MAUs, and exchange provider volume metrics. |
| Dec 01 | M&A advisory | Positive | -10.4% | Advisor highlighted W3C sale to Exodus and a supporting <b>$60M</b> term loan facility. |
| Nov 24 | Acquisition deal | Positive | +3.6% | Agreement to acquire W3C, adding end-to-end card and payments infrastructure. |
| Nov 10 | Earnings report | Positive | +1.1% | Strong Q3 revenue and net income growth plus acquisition of Grateful payments platform. |
Recent strategic and earnings announcements have generally seen modestly positive price alignment, with one notable negative reaction around W3C-related advisory news.
Over the last months, Exodus reported strong Q3 2025 growth with revenue of $30.3 million and net income of $17.0 million, alongside rising exchange volumes and a large digital asset base. It then announced a definitive agreement to acquire W3C Corp for about $175 million, supported by a new $60 million Galaxy Digital loan and follow-up 8-K disclosures. Monthly treasury updates highlighted shifting BTC, ETH and SOL holdings and MAUs. Today’s digital dollar partnership with MoonPay and M0 continues this pivot toward stablecoin-powered payments and everyday use cases.
Market Pulse Summary
The stock moved +6.4% in the session following this news. A strong positive reaction aligns with Exodus’ ongoing strategy of building a stablecoin-centric payments stack. Earlier news on the W3C acquisition, treasury positioning, and Q3 growth also tended to see aligned price responses. Investors might have focused on the potential for MoonPay’s distribution and M0’s infrastructure to deepen everyday payment use cases. However, with shares already trading well below the 200-day MA at $14.43, prior volatility around acquisition financing and leverage could still frame future swings.
Key Terms
stablecoin financial
self-custodial technical
onchain technical
AI-generated analysis. Not financial advice.
The stablecoin is fully backed by U.S. dollar deposits, issued and managed by MoonPay
OMAHA, Neb., Dec. 16, 2025 (GLOBE NEWSWIRE) -- Exodus Movement, Inc. (NYSE American: EXOD) (“Exodus”), a leading self-custodial digital asset platform, today announced a partnership with MoonPay to launch a fully reserved, USD-backed dollar stablecoin that will power digital dollar experiences across the Exodus ecosystem. The asset will be issued and managed by MoonPay and developed using M0’s open stablecoin infrastructure.
The launch builds on Exodus Pay, a new and upcoming everyday payment experience in the Exodus app that will let customers use stablecoins to spend and send money, earn rewards, and maintain self-custody—without needing to understand anything about cryptocurrency. The dedicated digital dollar will bring the reliability, speed, and global scale of stablecoins to consumer crypto experiences and support the expansion of Exodus’ payments ecosystem over time.
“Stablecoins are quickly becoming the simplest way for people to hold and move dollars onchain, but the experience still needs to meet the expectations set by today’s consumer apps,” said JP Richardson, CEO and Co-Founder of Exodus. “This launch will bring a digital dollar experience to Exodus to make spending and sending money around the world simple, starting with next-gen payments experiences like Exodus Pay.”
The digital dollar will be available across MoonPay’s global distribution network, including buy, sell, swap, deposit, and checkout experiences, providing broad access and real-world utility for users, partner applications, and merchants.
“Exodus is building toward a world where digital dollars are a practical part of how people move money,” said Ivan Soto-Wright, CEO and co-founder of MoonPay. “This launch shows what’s possible when a consumer-first product integrates compliant stablecoin issuance with infrastructure and distribution that can operate at global scale.”
“Enterprises want stablecoins that are programmable, interoperable and tailored to a specific product experience,” said Luca Prosperi, CEO and Co-Founder of M0. “M0’s infrastructure lets partners launch application-specific digital dollars quickly, with strong controls and flexibility to expand across networks and integrations over time.”
MoonPay launched its enterprise stablecoin business in November 2025 to issue and manage fully reserved digital dollars across multiple blockchains. As part of this expansion, MoonPay integrated with M0, the open infrastructure powering builders of application-specific stablecoins, to enable enterprises with the technology and distribution needed to bring stablecoin solutions to market quickly.
Additional details about the stablecoin, including supported networks, availability, and product integrations, will be shared closer to its launch in early 2026. Availability will be subject to applicable regulatory considerations.
About Exodus
Exodus is a financial technology leader empowering individuals and businesses with secure, user-friendly crypto software solutions. Since 2015, Exodus has made digital assets accessible to everyone through its multi-asset crypto wallets prioritizing design and ease of use.
With self-custodial wallets, Exodus puts customers in full control of their funds, enabling them to swap, buy, and sell crypto. Its business solutions include Passkeys Wallet and XO Swap, industry-leading tools for embedded crypto wallets and swap aggregation.
Exodus is committed to driving the future of accessible and secure finance. Learn more at exodus.com or follow us on X at x.com/exodus.
About MoonPay
Founded in 2019, MoonPay is a global financial technology company that helps businesses and consumers move value across fiat and digital assets. MoonPay has more than 30 million customers across 180 countries and supports more than 500 enterprise customers spanning crypto and fintech.
Through a single integration, MoonPay powers on- and off-ramps, trading, crypto payments, and stablecoin infrastructure, connecting traditional payment rails with blockchains. MoonPay maintains a broad regulatory footprint, including a New York BitLicense, a New York Trust Charter, and money transmitter licenses across the United States, as well as MiCA authorization in the EU.
MoonPay is how the world moves value.
About M0
M0 is the universal stablecoin platform powering builders of application-specific stablecoins. Learn more at m0.org
Investor Contact
investors@exodus.com
Media Contacts
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 website exodus.com/investors 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, as contained in Section 27A of the Securities Act and Section 21E of the Exchange Act, regarding Exodus that involve substantial risks and uncertainties. All statements other than statements of historical fact contained in this press release, including, without limitation, statements regarding the expected timing and rollout of Exodus Pay in the U.S. and broader global availability, and the expected availability of product features are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “project,” “should,” “will,” or the negative of these words or other similar expressions. You should not rely on forward-looking statements as predictions of future events.
These statements are based on our current expectations and projections about future events and are subject to risks, uncertainties, and other factors that could cause actual results to differ materially from those expressed or implied by such statements, including, among others, changes in regulatory requirements or interpretations; product development timelines; the ability to establish, maintain, and perform under relationships with third-party service providers and partners necessary to support payments functionality; the availability of features across jurisdictions; market conditions; and other risks and uncertainties set forth in our filings with the Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update any forward-looking statements contained in this press release to reflect events or circumstances after the date hereof, except as required by law.
FAQ
What did Exodus (EXOD) announce on December 16, 2025 regarding a stablecoin?
How will the new Exodus digital dollar be issued and managed for EXOD users?
What features will Exodus Pay offer when the EXOD stablecoin launches?
When will the Exodus (EXOD) stablecoin be available and are there regulatory limits?
Will the Exodus digital dollar be available beyond the Exodus app for EXOD investors?
