Exodus Movement, Inc. has made a significant move in the cryptocurrency space by acquiring Grateful, a stablecoin payments orchestrator based in Uruguay. This acquisition is set to enhance Exodus's merchant services in Latin America, positioning the company to better serve the region's growing digital economy, as stated in the official source.
Acquisition of Grateful
The acquisition of Grateful is aimed at providing lower transaction fees and instant access to funds for users, which is crucial for small businesses and independent workers in emerging markets. By leveraging stablecoins, Exodus intends to streamline digital payments, making it easier for users to manage their finances.
Impact on the Gig and Creator Economy
Furthermore, this strategic move is expected to bolster the gig and creator economy in Latin America, allowing more individuals to participate in the digital marketplace. With Grateful's technology, Exodus is poised to offer innovative solutions that cater to the unique needs of local merchants and freelancers. This will ultimately foster economic growth in the region.
Recently, AllScale launched its LATAM Wave program to engage creators in Latin America, complementing Exodus's recent acquisition of Grateful to enhance merchant services in the region. For more details, see read more.
