Exodus enables stablecoin payments for DGO and SKY+ in Latin America

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Reviewed by
Radhika SScanX News Team
Key Highlights

Exodus Movement, Inc. partners with Waiken ILW to enable DGO and SKY+ subscribers in Latin America to pay subscriptions using U.S. dollar-denominated stablecoins via the Exodus Card. Eligible new customers receive 25% cashback in Exodus during their first month. The partnership covers Argentina, Mexico, Colombia, and Uruguay for DGO, and Brazil for SKY+.

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Exodus Movement, Inc. has partnered with Latin American streaming platforms DGO and SKY+ to enable subscribers to pay for services using U.S. dollar-denominated stablecoins. The collaboration allows customers in Argentina, Mexico, Colombia, and Uruguay for DGO, and Brazil for SKY+, to use the Exodus Card for subscription payments. This initiative aims to provide a new payment method using digital dollars held in self-custody.

As part of the launch, eligible new customers will receive 25% cashback in Exodus during their first month. The promotion requires downloading the Exodus app, activating and funding the Exodus Card with digital dollars, and using it to pay for subscriptions. Terms and conditions apply to the offer.

DGO and SKY+ are operated by Waiken ILW, a technomedia holding company that also owns DIRECTV Latin America and SKY Brasil. The platforms offer over 10,000 titles of series, movies, and documentaries, along with live television programming including sports and news. DGO includes DSPORTS, which will cover the 2026 FIFA World Cup.

The partnership leverages the growing adoption of dollar-backed stablecoins in Latin America. Between July 2024 and June 2025, stablecoins accounted for more than half of all exchange purchases made using Argentine pesos, Brazilian reais, and Colombian pesos. This trend reflects a shift toward digital dollars to preserve value and navigate local currency volatility.

Exodus launched Exodus Pay in April 2026, allowing customers to send, spend, and manage digital dollars without leaving self-custody. Beginning July 1, 2026, eligible customers in the specified countries can use the Exodus Card for DGO and SKY+ subscriptions. The integration aligns with Exodus's mission to provide self-custodial financial tools.

Partnership Details

Feature Details
Platforms DGO, SKY+
Payment Method U.S. dollar-denominated stablecoins via Exodus Card
Regions Argentina, Mexico, Colombia, Uruguay (DGO); Brazil (SKY+)
Promotion 25% cashback in Exodus for eligible new customers
Launch Date July 1, 2026

JP Richardson, CEO and Co-founder of Exodus, emphasized the significance of the partnership, stating it allows millions to use trusted assets for payments on their own terms. Federico Suárez, director of OTT platform marketing at Waiken ILW, highlighted the move as a step to make entertainment and sporting events more accessible through convenient payment options.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

Will the success of this partnership prompt Exodus to expand similar stablecoin payment integrations to other subscription-based industries like telecommunications or software?

How will the expiration of the initial 25% cashback offer impact user retention rates for the Exodus Card on these streaming platforms?

Could this model drive other major Latin American media holding companies to adopt crypto-compatible payment rails to combat currency volatility?

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Exodus reports $399 million swap volume in June

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Reviewed by
Ashish TScanX News Team
Key Highlights

Exodus Movement, Inc. reported a 4% increase in swap volume to $399 million in June 2026, driven by direct users. Monthly active users held steady at 1.5 million, while digital asset holdings decreased across Bitcoin, Ethereum, and Solana.

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Exodus Movement, Inc. reported $399 million in exchange provider processed volume for June 2026, reflecting a 4% increase from $383 million in May 2026. The company noted that approximately 75% of the trade volume originated from direct users, with the remaining 25% attributed to its XO Swap enterprise relationships. Monthly active users (MAUs) remained stable at 1.5 million as of June 30, 2026, unchanged from the previous month.

James Gernetzke, CFO at Exodus, attributed the strong transaction volume to a consistent mix of direct user and enterprise activity despite pricing pressure in the cryptocurrency market. He emphasized that the company's balance sheet of digital assets supports ongoing marketing initiatives, enhanced functionality, and the integration of Monavate/Baanx into the Exodus platform.

Digital Asset Holdings

Exodus disclosed its selected digital asset holdings as of June 30, 2026, which were unaudited. The holdings showed a decrease across major cryptocurrencies compared to May 31, 2026. The company's strategy focuses on utilizing these assets to expand business operations and support platform integrations.

Asset Holdings (June 30, 2026) Holdings (May 31, 2026)
Bitcoin (BTC) 600 BTC 656 BTC
Ethereum (ETH) 457 ETH 1,433 ETH
Solana (SOL) 17,749 SOL 20,673 SOL

Swap Volume Breakdown

The total swap volume for June 2026 was $399 million, with $93 million, or 23%, originating from XO Swap partners. This represents a decrease in partner contribution from May 2026, when $104 million, or 27%, of the $383 million total volume came from XO Swap partners. The data highlights the company's reliance on direct user activity for the majority of its transaction volume.

Exodus Movement, Inc. continues to focus on expanding its self-custodial finance and payments platform, serving millions of users through its suite of Web3 services. The company remains headquartered in Omaha, Nebraska, and is listed on the NYSE under the ticker symbol EXOD.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the recent reduction in digital asset holdings impact the company's ability to fund future marketing and development initiatives?

What specific strategies does Exodus plan to implement to reverse the declining contribution from XO Swap partners?

What timeline does the company expect for the full integration of Monavate/Baanx, and how will it drive user growth?

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