JP Richardson, CEO of Exodus, assured that emerging markets are key for the company.
In recent years, Uruguay has gained prominence in the ecosystem at the regional level.
The American company Exodus Movement, Inc., a self-custody cryptocurrency platform, announced the acquisition of Grateful, a Uruguayan startup specialized in payment solutions based on stablecoins.
With this operation, Exodus seeks to strengthen its presence in Latin America. Grateful distinguishes itself by providing businesses and independent workers with a comprehensive infrastructure to accept and manage transactions in stablecoins.
Exodus co-founder and CEO, JP Richardson, pointed out that the incorporation of Grateful aligns with the company’s strategy of promoting the use of cryptoassets in the region.
«Grateful is a natural complement to 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 enable important tools such as invoicing, recurring payments, and on-chain settlements.”
JP Richardson, CEO of Exodus.
Furthermore, the executive added that this integration will allow users to retain full control of their fundsand that the objective is to ensure that consumers and merchants in developing countries can participate on equal terms in the digital payments revolution.
The truth is that this purchase takes place at a time when Uruguay is gaining prominence in the ecosystem at a regional level, especially due to the interest of large international companies. As reported by CriptoNoticias, at the end of September 2025, Tether denied rumors about its possible withdrawal from the country, reaffirming its commitment to Latin America and its intention to maintain sustainable operations in Uruguayan territory.