Exodus and MoonPay partner to launch a US dollar-backed stablecoin for everyday payments in early 2026, managed by MoonPay and developed using M0 infrastructure. The stablecoin aims to simplify digital dollar transactions for consumers and integrate into Exodus Pay for easy spending and sending. (50 words)
MoonPay recently entered the enterprise stablecoin business to issue and manage digital dollars across multiple blockchains, integrating with M0’s open infrastructure. Banks and crypto firms have rushed to offer stablecoins following the GENIUS Act, which introduced a federal regulatory framework for fiat-backed stablecoins in the US. (50 words)
Tether (USDT) and Circle’s USDC dominate the stablecoin market, comprising 85% of the total stablecoin market capitalization of over $310 billion. Tether holds a 60% market share with a circulating supply of $186 billion, while USDC comes second with a 25% share and $78 billion market cap. (50 words)
Read more at Cointelegraph: Exodus And MoonPay Launch New Stablecoin For Everyday Use
