Exodus Movement, Inc. Announces Acquisition of Grateful To Strengthen Stablecoin-Based Payments
Exodus Movement, Inc. is acquiring Grateful, a Uruguay-based stablecoin payments orchestrator, to enhance its merchant services in Latin America.Summary
Exodus Movement, Inc., a self-custodial cryptocurrency platform, has announced the acquisition of Grateful, a stablecoin payments orchestrator based in Uruguay that serves merchants and independent workers. Grateful's platform offers features like lower fees, instant fund access, and yield on balances, utilizing stablecoins for digital payments.
JP Richardson, CEO of Exodus, stated that the acquisition naturally complements their efforts to expand digital payments access in Latin America, particularly supporting the growing gig and creator economy with tools like invoicing and on-chain settlements. This integration aims to provide users with full ownership of funds, faster, cheaper, and borderless transactions.
Grateful's technology, which supports multichain development, is expected to be smoothly integrated into Exodus' existing wallets and technology stack. Exodus will discuss the acquisition during its third-quarter financial results webcast on November 10, 2025.
(Source：BeInCrypto)