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Exodus Introduces Exodus Pay to Make Stablecoin Spending Mainstream
Globenewswire· 2025-12-09 14:30
Core Viewpoint - Exodus Movement, Inc. has launched Exodus Pay, a self-custodial payments platform designed for consumers with no prior cryptocurrency experience, marking a significant evolution from a digital asset wallet to a comprehensive app for managing digital dollars [2][3]. Group 1: Product Features - Exodus Pay allows users to make instant payments, spend with a card, earn rewards, and access everyday financial tools without needing to understand cryptocurrency [2][4]. - The platform integrates directly into the existing Exodus app, enabling users to manage all their assets, including dollars and cryptocurrencies, in one place [5][8]. - Users can send digital dollars and stablecoins to friends using phone numbers, fund their balances with digital dollars and stablecoins, and maintain self-custodial ownership of their assets [8]. Group 2: Market Positioning - Exodus Pay aims to simplify money management by consolidating multiple financial functions into a single app, addressing the need for a unified solution in a landscape where consumers typically use multiple apps for different financial tasks [4][5]. - The launch of Exodus Pay positions the company at the forefront of a generational shift towards digital dollars, appealing particularly to younger consumers moving away from traditional banking [4][5]. Group 3: Future Plans - The rollout of Exodus Pay is set to begin in early 2026, with users able to join a waitlist starting from the announcement date [6].