Exodus partners with MoonPay to launch a USD-backed stablecoin, enhancing digital payments within the Exodus ecosystem.
Quiver AI Summary
Exodus Movement, Inc. has partnered with MoonPay to introduce a USD-backed dollar stablecoin aimed at enhancing digital dollar experiences within the Exodus platform. This stablecoin, managed by MoonPay and utilizing M0's open infrastructure, will support Exodus Pay—a new feature that allows users to send and spend stablecoins easily while retaining self-custody. The initiative aims to simplify the process of using digital dollars, making it more user-friendly, akin to traditional consumer applications. This stablecoin will be accessible through MoonPay’s global network, enabling various financial activities and enhancing the functionality of Exodus' payment systems. MoonPay's recent expansion into stablecoin management complements this rollout, and details regarding the stablecoin’s specifications will be disclosed ahead of its early 2026 launch, subject to regulatory compliance.
Potential Positives
- Partnership with MoonPay to launch a USD-backed stablecoin enhances Exodus' product offerings and expands its payments ecosystem.
- The digital dollar aims to simplify transactions for users, making it easier for customers to use stablecoins for spending and sending money.
- Integration with MoonPay's global distribution network increases potential user access and real-world utility of Exodus' services.
- The collaboration positions Exodus as a forward-thinking player in the cryptocurrency space, aiming to meet consumer expectations for seamless digital dollar transactions.
Potential Negatives
- Partnership with MoonPay might raise concerns about dependency on third-party services for critical infrastructure and product offerings.
- The announcement includes forward-looking statements that imply potential delays or uncertainties in product rollout, which could affect investor confidence.
- The mention of availability being subject to applicable regulatory considerations highlights potential regulatory hurdles that could impact the launch and use of the new stablecoin.
FAQ
What is the new partnership between Exodus and MoonPay about?
The partnership aims to launch a fully reserved, USD-backed dollar stablecoin for the Exodus ecosystem.
How will the new stablecoin benefit users?
The stablecoin will enable seamless spending and sending of money, earning rewards, and maintaining self-custody.
When will the USD-backed stablecoin be launched?
The stablecoin is expected to launch in early 2026, with details to be announced closer to the date.
What infrastructure supports the stablecoin development?
The asset will be developed using M0’s open stablecoin infrastructure, allowing for quick and flexible deployment.
How can businesses integrate the new stablecoin?
Exodus offers robust solutions for enterprises to launch application-specific digital dollars through MoonPay's global network.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$EXOD Revenue
$EXOD had revenues of $30.3M in Q3 2025. This is an increase of 50.83% from the same period in the prior year.
You can track EXOD financials on Quiver Quantitative's EXOD stock page.
$EXOD Hedge Fund Activity
We have seen 21 institutional investors add shares of $EXOD stock to their portfolio, and 19 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 59,278 shares (-100.0%) from their portfolio in Q2 2025, for an estimated $1,708,984
- MORGAN STANLEY removed 58,956 shares (-94.8%) from their portfolio in Q3 2025, for an estimated $1,637,797
- G2 INVESTMENT PARTNERS MANAGEMENT LLC added 37,508 shares (+inf%) to their portfolio in Q3 2025, for an estimated $1,041,972
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 34,882 shares (+47.5%) to their portfolio in Q3 2025, for an estimated $969,021
- MARSHALL WACE, LLP added 31,946 shares (+inf%) to their portfolio in Q3 2025, for an estimated $887,459
- BLACKROCK, INC. removed 30,692 shares (-17.4%) from their portfolio in Q3 2025, for an estimated $852,623
- VANGUARD GROUP INC removed 28,457 shares (-6.9%) from their portfolio in Q3 2025, for an estimated $790,535
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
$EXOD Analyst Ratings
Wall Street analysts have issued reports on $EXOD in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- BTIG issued a "Buy" rating on 11/25/2025
- HC Wainwright & Co. issued a "Buy" rating on 11/25/2025
- Cantor Fitzgerald issued a "Overweight" rating on 08/15/2025
To track analyst ratings and price targets for $EXOD, check out Quiver Quantitative's $EXOD forecast page.
$EXOD Price Targets
Multiple analysts have issued price targets for $EXOD recently. We have seen 4 analysts offer price targets for $EXOD in the last 6 months, with a median target of $41.0.
Here are some recent targets:
- Andrew Harte from BTIG set a target price of $40.0 on 11/25/2025
- Kevin Dede from HC Wainwright & Co. set a target price of $25.0 on 11/25/2025
- Mark Palmer from Benchmark set a target price of $42.0 on 11/11/2025
- Brett Knoblauch from Cantor Fitzgerald set a target price of $45.0 on 08/15/2025
Full Release
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
[email protected]
Media Contacts
Aubrey Strobel/Elena Nisonoff, Halcyon Communications
[email protected]
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.