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Tether Doubles Down on LatAm: USDT Giant Backs Chilean Exchange Orionx

Tether Doubles Down on LatAm: USDT Giant Backs Chilean Exchange Orionx

Author:
Coindesk
Published:
2025-06-03 12:47:20
5
3

Tether Invests in Chilean Crypto Exchange Orionx to Drive Latin American Adoption

Tether’s latest power move? Pouring capital into Santiago-based Orionx—a clear bet on Latin America’s crypto hunger.

Why it matters: While Wall Street hedgies obsess over basis trades, stablecoin players are quietly bankrolling the real adoption frontiers.

The cynical take: Because nothing screams ’decentralization’ like a centralized stablecoin giant hand-picking regional champions. But hey—at least they’re not dumping those profits into another yacht.

|Square

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