Taking an example from Dappradar, one of the leading software cryptocurrency wallets Exodus will release stablecoin 2026 early years.
The new digital asset will be pegged to the dollar and integrated into the Exodus Pay payment service. It will be issued by Exodus partner MoonPay, which will use M0’s infrastructure to create and manage virtual currencies with a stable price.
Stablecoins are quickly becoming the easiest way to own and send dollars through Block, but the process of using them does not yet meet the expectations of application users, — commented on the news, Exodus CEO Jape Richardson.
Richardson didn’t say what stablecoin Exodus will be different from other dollar-based cryptocurrencies. If the developers don’t introduce any innovations, the coin is unlikely to gain popularity. This is evidenced by the fact that its market capitalization Dappradar USD (MUSD) is only worth $23,86 million nearly three months after its release.
The dollar stablecoin market continues to be dominated by Tether (USDT), which accounts for 59% of the market capitalization of digital assets pegged to the US national currency, reaching $300,55 billion. USDC (USDC), created by Circle, holds second place, controlling 25,2% of the market. The share of other stablecoins does not exceed 3,49%.
Market Cap Growth of Dollar Stablecoins