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This deal marks one other entry in a rising list of crypto M&A aiming to build funds infrastructure on blockchain networks as stablecoins are more and more in demand for global transactions. Grateful’s software program lets merchants settle for stablecoins by way of instruments like wallet-to-wallet funds, QR point-of-sale checkout and onchain invoicing. Exodus Motion (EXOD), a publicly-traded crypto pockets firm, mentioned on Monday it is buying Uruguay-based Grateful, a startup providing stablecoin-based funds for merchants.
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