Exodus Awards 40 Athletes $2,500 Each in XO Cash Stablecoin Launch
40 athletes in the MoonPay XGL Summer Draft will each receive $2,500 in XO Cash, Exodus’ new USD-backed stablecoin. XO Cash will underpin Exodus Pay’s Q2 launch and include a custom Exodus card for instant global spending.
1. Summer Draft Crypto Bonuses
Exodus and MoonPay X Games League have arranged for 40 athletes selected in the inaugural Summer Draft to receive $2,500 each in XO Cash, with funds deposited instantly into their Exodus Wallets.
2. XO Cash and Exodus Pay Platform
XO Cash is a fully reserved, USD-backed stablecoin built on M0 infrastructure and will underpin the upcoming Q2 launch of Exodus Pay, providing instant payments, a consumer card, and global spending capabilities.
3. Strategic Expansion of Digital Payments
By integrating stablecoin bonuses and custom cards for professional athletes, Exodus is showcasing real-world use cases for digital assets and positioning its wallet and Pay platform for broader adoption.