Exodus Acquires Uruguayan Startup Grateful to Expand Stablecoin Payments in Latin America

• Exodus acquires Uruguayan stablecoin payments startup Grateful to expand its Latin American crypto footprint for merchants.

• Brazilian investors gain dollar-denominated asset exposure without foreign accounts through Liqi’s smart contract-based tokenization protocol.

US-based Exodus Movement, Inc. confirmed the purchase of Grateful, a Uruguayan startup specializing in stablecoin payment solutions. Grateful develops comprehensive infrastructure that enables merchants and independent workers to accept and manage transactions in stablecoins.

JP Richardson, Exodus co-founder and CEO, explained that incorporating Grateful aligns with corporate objectives to drive crypto asset adoption throughout the region. Richardson described the Uruguayan startup as a natural complement to digital payment expansion efforts.

The executive noted that the freelance and creator economy is growing rapidly within emerging markets, where stablecoin payment platforms facilitate tools like invoicing, recurring payments, and on-chain settlements.

Richardson added that this integration will allow users to maintain complete control over their funds. The stated goal is to ensure consumers and merchants in developing countries can participate under equal conditions within the digital payments transformation. 

This acquisition occurs as Uruguay gains visibility on the regional stage. International companies demonstrate growing interest in the country, reflected in Tether’s reaffirmed commitment in late September 2025 to maintain sustainable operations within Uruguayan territory.

Fintech Liqi Launches Tokenized Investments Using Stablecoins for US Asset Access

Brazilian tokenization firm Liqi began commercializing a new tokenized investment modality for Brazilian investors. The product utilizes stablecoins and is backed by US assets, generating profitability in dollars. This structure permits currency conversion exclusively during the investment moment, granting greater autonomy in managing exchange rate exposure.

The first operation was conducted in collaboration with BF2 and is backed by automotive financing originated by a US management firm. The token issued by Liqi represents a fraction of these receivables and offers remuneration in dollars plus 8% annually.

The company uses the USDC stablecoin across all investment stages, from initial payment through yield distribution. This approach eliminates the need for banking intermediaries and reduces transactional costs.

Flávio Altimari, Liqi’s Operations Director, stated that the model gives investors control over the timing of currency conversion. The company employs its TIDC protocol (Token de Investimento em Direitos Creditícios) in all emissions. This protocol incorporates operational rules within smart contracts that automate execution and settlement. The structure allows Brazilian investors to access dollar-denominated assets without opening foreign accounts.

The format aims to serve both institutional investors and family offices interested in currency diversification. The BF2 token constitutes the first in a series of planned launches by Liqi. The company anticipates including US real estate and private pension assets in future offerings.

The model facilitates lower-volume, higher-frequency emissions with settlements executed via blockchain. Liqi confirmed this initiative forms part of an expansion strategy within the dollar-linked tokenized assets segment.