Exodus Movement, Inc., an American self-custodial cryptocurrency platform, has announced the acquisition of Grateful, a Uruguayan startup specializing in stablecoin-based payment solutions.
With this operation, Exodus looks to strengthen its presence in Latin America. Grateful distinguishes itself by providing a comprehensive infrastructure for businesses and independent workers to accept and manage stablecoin transactions.
Exodus co-founder and CEO JP Richardson said the addition of Grateful is consistent with the company’s strategy to promote the use of crypto assets in the region.
Grateful is a natural fit into our efforts to expand access to digital payments and cryptocurrencies in Latin America. The gig and creator economy is growing rapidly in emerging markets, and stablecoin-based payment platforms are enabling critical tools such as invoicing, recurring payments, and on-chain payments.
JP Richardson, Exodus CEO.
The executive added that this integration will: Users will have full control over their fundsand states that its aim is to enable consumers and merchants in developing countries to participate in the digital payments revolution on equal terms.
The truth is that this acquisition took place at a time when Uruguay’s presence in the ecosystem at regional level is increasing, especially due to the interest of large international companies. As reported by CriptoNoticias, at the end of September 2025, Tether denied rumors regarding a possible exit from the country and reaffirmed its commitment to Latin America and its intention to maintain sustainable operations in the Uruguayan territory.