Tether, the world’s leading stablecoin issuer, has made a strategic investment in Chilean cryptocurrency exchange Orionx as part of its continued expansion into Latin American markets. The investment, announced on June 3, 2025, represents Tether’s leadership role in Orionx’s Series A funding round, marking another significant step in the company’s global growth strategy. This partnership positions Tether to capitalize on Latin America’s massive cryptocurrency adoption, with the region receiving nearly $415 billion in digital assets between July 2023 and June 2024, highlighting the enormous potential for stablecoin-powered financial services.
Orionx operates across multiple Latin American countries including Chile, Peru, Mexico, and Colombia, providing cryptocurrency cross-border payment solutions that address critical financial infrastructure gaps in the region. The fresh capital injection will enable Orionx to consolidate its regional operations while scaling its stablecoin-powered infrastructure for remittances, treasury services, and payment collection systems. The platform specifically targets Latin America’s substantial unbanked population, offering digital financial tools to communities traditionally excluded from conventional banking services, aligning perfectly with Tether’s mission to democratize financial access through blockchain technology.
According to Tether CEO Paolo Ardoino, the investment in Orionx represents more than just financial backing, serving as a cornerstone of the company’s broader vision to make stablecoin-powered financial tools accessible to underserved communities throughout Latin America. This strategic move builds upon Tether’s recent investment activities, including backing self-custodial wallet provider Zengo in February 2025 and fintech company Fizen Limited in April, demonstrating a coordinated approach to expanding stablecoin adoption in emerging markets. Orionx CEO Joel Vainstein emphasized that partnering with the “undisputed global leader in stablecoins” will accelerate the development of digital, flexible, and scalable financial solutions for the region’s diverse market needs.
