#What is the new USD-backed digital dollar?
The new USD-backed digital dollar launched by Exodus and MoonPay aims to simplify everyday transactions for users. This stablecoin is crafted to ensure fast and seamless payments, promoting a user-friendly experience for everyday spending. The digital dollar offers reliability while aligning with the regulatory standards expected in today’s financial environment.
#How will the digital dollar function?
Managed by MoonPay and utilizing the robust infrastructure of M0, the digital dollar is designed specifically for use with the Exodus Pay app. This stablecoin allows for a variety of functionalities such as spending, sending money, earning rewards, and secure self-custody options. By leveraging MoonPay’s extensive global distribution network, users can enjoy a wide array of applications, ensuring that both consumers and merchants benefit significantly from this innovation.
#What are the benefits and next steps?
The launch of this digital dollar is expected to provide consumers with a dependable and scalable stablecoin experience worldwide. A waitlist is currently available for interested users, providing an opportunity to become pioneers in adopting this innovative payment solution. As the launch date approaches in early 2026, Exodus plans to release further details related to network capabilities and integration into various products.