Crypto Wallet Exodus Acquiring Grateful to Expand Stablecoin Payments in Latin America
Exodus Movement (EXOD), a publicly-traded crypto wallet firm, said on Monday it is acquiring Uruguay-based Grateful, a startup offering stablecoin-based payments for merchants.
The move aims to expand Exodus’ presence in Latin America and deepen its foothold in commerce, particularly among gig workers and small businesses looking for faster, cheaper ways to get paid, Exodus CEO JP Richardson said in a press release.
Grateful’s software lets merchants accept stablecoins through tools like wallet-to-wallet payments, QR point-of-sale checkout and onchain invoicing. The company also offers a dashboard to manage transactions and convert crypto into local currencies. Exodus plans to integrate these features into its…
