Exodus Movement, Inc. has expanded its wallet to include native support for the XRP Ledger (XRPL) and the Ripple USD (RLUSD) stablecoin, giving users the ability to send and receive XRP directly and to transact with a regulated, enterprise‑grade stablecoin. The update builds on the company’s recent launch of Exodus Pay and signals a broader shift toward a payments‑infrastructure business model.
The new XRPL integration allows users to manage XRP without leaving the Exodus app, a feature that has already attracted significant demand. XRP is one of the most active assets in the wallet, and the addition of native support removes friction for users who want to use XRP for cross‑border payments or as a bridge asset.
RLUSD is a 1:1 USD‑pegged stablecoin that is backed by U.S. dollar deposits, U.S. Treasuries, and cash equivalents held in reserve. It is issued on both the XRP Ledger and Ethereum and has received approval from the New York Department of Financial Services, making it a regulated option for users who need a stable, compliant digital dollar.
The launch follows the April 9, 2026 debut of Exodus Pay, a platform that lets users spend, send, and earn rewards with digital assets. By adding XRPL and RLUSD support, Exodus is positioning itself to capture a larger share of the payments market and to diversify its revenue streams beyond swap‑fee income.
Financially, Exodus reported record full‑year 2025 revenue of $121.6 million, up 5% from 2024, but swung to a net loss of $11.4 million, largely due to an $18.9 million loss on digital assets. Q4 2025 revenue was $29.5 million, down 34% from Q4 2024, with a net loss of $53.2 million, and monthly active users fell to 1.5 million, a 35% decline year‑over‑year.
CEO and co‑founder JP Richardson said, "Expanding XRPL support means more ways to use XRP without sacrificing self‑custody or the simplicity of the Exodus experience. XRP is already a top asset in our wallet, and partnering with Ripple is a natural next step in making it easier to use every day." CFO James Gernetzke noted, "Q4 revenue was $29.5 million, which represents a 3% decrease from Q3 and a 34% decline from the record Q4 we had a year ago."
The XRPL integration lays the groundwork for future support of other XRPL‑issued assets, expanding the ecosystem within the Exodus platform. The company’s recent acquisition of the W3C and the launch of Exodus Pay further reinforce its ambition to own the full payment stack and to generate predictable, utility‑based revenue.
Overall, the announcement underscores Exodus’s commitment to expanding its payments ecosystem and diversifying its revenue streams, positioning the company to better serve users in a market where stablecoins and cross‑border payments are becoming increasingly important.
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