Tether Invests in Orionx to Expand Stablecoin Adoption in Latin America

Tether has made a strategic investment in Orionx, a Latin American digital asset platform, to accelerate stablecoin-based financial services across the region. The MOVE targets inflation-prone economies where traditional banking remains inaccessible for many.

Orionx currently operates in Chile, Peru, Colombia, and Mexico. The fresh capital will enhance its infrastructure and expand business solutions, including remittances and treasury operations. Paolo Ardoino, Tether’s CEO, emphasized the investment aligns with their mission to empower underserved communities through stablecoin technology.

The platform’s ’Remittances as a Service’ model offers low-fee cross-border payments with local currency conversions, bypassing legacy banking complexities. This development signals growing institutional confidence in crypto-powered financial solutions for emerging markets.