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Exodus Movement Acquires Uruguayan Payment Company Grateful to Strengthen Stablecoin Payment Business
BlockBeats News, November 10th, Cryptocurrency platform Exodus Movement, Inc. (NYSE American: EXOD) today announced the acquisition of Uruguayan payment processor Grateful. This acquisition aims to enhance Exodus's merchant services capabilities in Latin America, especially focusing on stablecoin-based payment solutions.
Reportedly, Grateful specializes in providing digital payment services to small businesses and freelancers, with platform features including low fees, instant fund access, and balance yield functionality. The company offers a comprehensive merchant tool suite, including a merchant dashboard, wallet-to-wallet payments, QR code-based point of sale functionality, and more. Exodus plans to seamlessly integrate Grateful's technology into its existing multi-chain wallet, supporting mainstream blockchains such as Polygon, Optimism, Base, Arbitrum, and Solana.
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