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Exodus Wallet Acquires Uruguay’s Grateful to Boost Latin America Stablecoin Payments

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bitcoin.com
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4 months ago
AI summarizes in 5 seconds.

Exodus Movement, Inc. (NYSE American: EXOD) announces the acquisition of Grateful, a Montevideo-founded stablecoin payments orchestrator that enables merchants to accept wallet-to-wallet payments, QR point-of-sale, offramping and ecommerce checkouts, on Nov. 10, 2025; the deal is positioned to strengthen Exodus’s merchant services in Latin America and complement its self‑custodial wallets. Exodus says Grateful’s stack will integrate with existing multichain support for Polygon, Optimism, Base, Arbitrum and Solana and expects smooth deployment across its products.

The acquisition aims to deliver lower fees, instant access to funds and yield on balances for small businesses and gig workers, and “users will benefit from full ownership of their hard‑earned funds and access to faster, cheaper and borderless transactions,” CEO JP Richardson says. Exodus will discuss the transaction in its Q3 business update and earnings webcast on Nov. 10, 2025; availability and integration timing will be provided during the webcast and on the company’s investor‑relations site.

• Where is Grateful headquartered? Grateful is based in Montevideo, Uruguay.
• How will this affect merchants in Latin America? Merchants in Latin America gain lower fees, instant payouts and yield options via stablecoins.
• When will Exodus provide more integration details in the US? Exodus will outline timing and details during its Nov. 10, 2025 Q3 webcast in Omaha, Nebraska.
• Which blockchains will support the integrated services? Exodus cites support for Polygon, Optimism, Base, Arbitrum and Solana.

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