Exodus launches crypto payments platform, cuts Bitcoin holdings to become debt-free, and introduces AI-focused stablecoin.

Exodus, a publicly traded Bitcoin wallet company, has expanded into a full crypto payments business with the launch of Exodus Pay, allowing users in the U.S. and Europe to spend crypto directly from their wallets. The company acquired Monavate and Baanx to build its payments infrastructure and introduced XO Cash, a dollar-backed stablecoin designed for AI agents. To fund acquisitions and repay debt, Exodus reduced its Bitcoin holdings from 1,704 BTC to 628 BTC, becoming fully debt-free by the end of Q1 2026. The firm also increased its Solana holdings and plans to track revenue shifts between payments and trading going forward.