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This deal marks one other entry in a rising listing of crypto M&A aiming to build payments infrastructure on blockchain networks as stablecoins are more and more in demand for international transactions. Grateful’s software lets retailers accept stablecoins by way of instruments like wallet-to-wallet payments, QR point-of-sale checkout and onchain invoicing. Exodus Movement (EXOD), a publicly-traded crypto pockets firm, stated on Monday it is acquiring Uruguay-based Grateful, a startup offering stablecoin-based payments for retailers.

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