Exodus (EXOD), a long-time provider of self-custodial crypto wallets, is expanding into digital payments with a new product called Exodus Pay.
Launching in early 2026, the service is designed to let users hold, spend and send stablecoins from one app, without surrendering control of their assets, Exodus announced Tuesday.
Users will be able to spend stablecoins anywhere cards are accepted, send money using a phone number and earn rewards for holding and spending balances. Importantly, Exodus said in a press release that all of this is built on self-custody, meaning users hold the keys to their money.
The app’s design leans into what Exodus sees as a generational shift. More people, especially younger users, are opting out of traditional banks and looking for flexible ways to use digital money in real life. By anchoring this experience in stablecoins, Exodus said it hopes to reduce the friction that’s historically come with crypto payments.
The rollout starts early next year, with a waitlist now open.