In a significant move to expand digital asset adoption in emerging markets, Tether, the issuer of the world's largest stablecoin USDT, has announced a strategic investment in Orionx, a leading Chilean cryptocurrency exchange. This investment marks a pivotal step in Tether's mission to enhance financial inclusion and strengthen digital payment infrastructures in Latin America.
Announced on June 3, 2025, Tether's backing of Orionx aims to scale the use of stablecoins for payments and remittances across the region. Latin America, with its growing crypto market and significant unbanked population, presents a unique opportunity for digital currencies to bridge financial gaps.
Orionx, known for its robust financial infrastructure and focus on cross-border payments, plans to leverage this investment to expand its operations and reach underserved communities. The partnership is expected to facilitate faster and more accessible financial tools, particularly in areas with limited banking access.
Tether's involvement in Orionx's Series A funding round underscores its commitment to fostering crypto adoption in high-potential markets. The collaboration is poised to tap into the region's estimated $415 billion in cryptocurrency activity, driving economic empowerment through innovative solutions.
Industry experts see this as a transformative step for Latin America's fintech landscape. By integrating stablecoin technology, Orionx could redefine how individuals and businesses handle transactions, especially for treasury management and remittances.
As Tether continues to invest in strategic partnerships, the focus remains on creating resilient and inclusive financial ecosystems. This move with Orionx is a testament to the potential of digital assets to revolutionize traditional finance in Latin America and beyond.
Andrew Lee
