Encrypted wallet company Exodus reduced its staff by 25 per cent to a stable currency payment infrastructure strategy

The encrypted wallet company Express Movement announced that it would reduce the global workforce by about 25 per cent in order to reduce operating costs and accelerate the transition to stable currency payments and card infrastructure. In a paper submitted to the regulator, Exceldus stated that the reorganization was part of a corporate strategy to create a “all-in-all-paying platform” in the hope of providing users with a comprehensive solution covering encrypted assets, stable currency payments and financial services by integrating capacity to pay。