Exodus Movement, Inc. has announced the acquisition of Grateful, a Uruguay-based company specializing in stablecoin payment solutions, to enhance its merchant services across Latin America. Grateful's platform is designed to offer small businesses lower transaction fees, instant access to funds, and yield on balances through stablecoins. It also provides merchant dashboards and QR-based point-of-sale systems.
CEO JP Richardson highlighted that this acquisition aligns with Exodus' strategy to expand in emerging markets, facilitating faster and more cost-effective transactions through its self-custody wallet. This move supports Exodus' multi-chain strategy, which includes networks like Polygon and Solana, to broaden its payment solutions.
Exodus Movement Acquires Grateful to Boost Stablecoin Payments in Latin America
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