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PROGRAMMABLEMONEY

Six pieces of programmable money pulled apart layer by layer, and The Full Stack in the middle showing how they connect. Pick a world to open it.

ANATOMY OF ASTABLECOIN

Peg$1.000
Backing101%
In / out6 / 6
GENIUS8/8
All chapters
Viewdrag to orbit · 1 2 3
15%
Motion
Theme
Real stablecoin · Anatomy of a Stablecoin

XO Cash (XO)

Exodus’s own dollar, issued and managed by MoonPay on M0. It went live in March 2026 paying X Games League signing bonuses, and now powers Exodus Pay and wallets for AI agents.

Issuer
MoonPay on M0, for Exodus
Launched
Mar 2026
Supply
≈ $14.9M
Route
Licensed issuer
How it is issued
Platform network (M0), with MoonPay as issuer
License
MoonPay USA LLC: money transmitter licenses in 47 US jurisdictions and a New York virtual currency license
Reserves
Fully reserved: MoonPay holds the dollar reserve, as M0’s $M (cash and short T-bills)
Reports
Through MoonPay and M0
Networks
Solana
Yield
No issuer yield; Exodus Pay mentions rewards
Access
Inside Exodus wallets and Exodus Pay; MoonPay buy, sell, swap and deposit; Visa cards for agent wallets
GENIUS Act
MoonPay is the issuer: it holds the reserve and carries the compliance, and M0 supplies the rails. Its US status follows MoonPay’s licenses as the final GENIUS rules land.

Check the supply yourself

More stablecoins

ctUSD USDT USDC USDe DAI USD1 USDG PYUSD RLUSD USDD U TUSD EURC SoFiUSD USDai CASH

Public information as of October 2026, simplified. Not legal or investment advice. Open the full stablecoins world.

Sources165Created by Andres Lamothe