Tether Invests in Orionx to Boost Crypto Adoption in Latin America

Tether has made a strategic investment in Chilean digital asset exchange Orionx, targeting enhanced stablecoin-based financial solutions across Latin America. The MOVE underscores Tether’s push to strengthen cross-border payment infrastructure in emerging markets.

Orionx, operational in Chile, Peru, Colombia, and Mexico, bridges cryptocurrency with traditional financial systems. The Series A funding will expand technological capabilities and scale stablecoin-powered services for remittances and treasury operations.

Latin America’s crypto market shows robust activity, with Chainalysis reporting $415 billion in cryptocurrency flows between mid-2023 and mid-2024. Stablecoins dominate regional transactions, particularly in Brazil and Argentina, where economic volatility drives demand for dollar-pegged alternatives.