XO Cash ($XO) is a USD-backed stablecoin issued by MoonPay in partnership with Exodus, built on the M0 protocol. $XO is natively deployed on Solana, offering near-instant settlement and minimal transaction fees. Each $XO token is fully backed 1:1 by USD reserves managed by MoonPay. $XO is integrated across MoonPay's platform, supporting direct fiat conversions, swaps with USDC and USDT, and peer-to-peer transfers via the Exodus wallet.