Tether Fuels Financial Transformation in Latin America with Strategic Investment in Orionx
By Alvin Lang, June 04, 2025
In a significant step toward enhancing digital asset adoption and promoting financial inclusion in Latin America, Tether, a leading player in the cryptocurrency landscape, has announced a strategic investment in Orionx, one of Chile’s pioneering digital asset exchanges. This collaboration aims to leverage stablecoin solutions for seamless cross-border payments, further solidifying Tether’s commitment to driving innovation in emerging markets.
Fortifying Financial Infrastructure Across LATAM
Orionx has been at the forefront of integrating cryptocurrencies into business payments and retail transactions across Chile, Peru, Colombia, and Mexico. By offering effective financial tools, Orionx facilitates a more inclusive economic environment. Tether’s investment, which marks the successful closure of Orionx’s Series A funding round, is expected to significantly bolster the exchange’s technological capabilities and scale its operations, with an emphasis on creating stablecoin-powered solutions for remittances, payment collection, and treasury services throughout Latin America.
Addressing Economic Challenges Head-On
Recent data from Chainalysis reveals that between July 2023 and June 2024, Latin America saw an influx of nearly $415 billion in cryptocurrency, with stablecoins leading the charge for transfers from local to global exchanges. Countries like Argentina and Brazil have faced severe economic challenges, including currency devaluation and rampant inflation. In this context, stablecoins have become a refuge for individuals seeking financial stability, boosting institutional interest in the region as regulatory frameworks evolve to support crypto activities.
Bridging the Gap of Financial Exclusion
Despite these advancements, Latin America grapples with one of the highest rates of unbanked adults globally. Barriers like stringent documentation requirements and limited access to financial institutions continue to exclude many from traditional financial systems. Stablecoins play a crucial role here, enabling users to perform instant, secure, and low-cost transactions without the constraints of conventional banking.
Tether’s Vision for a Financially Inclusive Future
Tether’s investment in Orionx is part of a broader strategy to bridge these gaps through its innovative “Remittances as a Service” platform. This initiative offers businesses access to near-instant, economical cross-border payments and simplifies the onboarding process for users. By emphasizing stablecoin settlements, Orionx is at the forefront of providing real-world use cases that empower users to take charge of their financial futures.
Paolo Ardoino, CEO of Tether, articulated the company’s mission, stating, “By investing in Orionx, we are not just backing a high-impact company; we are paving the way for emerging markets to access stablecoin-powered financial tools that can transform their economies.”
Joel Vainstein, CEO of Orionx, expressed his enthusiasm about the strategic partnership with Tether, highlighting it as a pivotal moment for their growth and innovation. “With Tether as our ally, we can accelerate our vision of providing digital, flexible, and scalable financial solutions across the region,” he remarked.
A Shared Mission for Empowerment
This collaboration between Tether and Orionx represents a concerted effort to provide individuals and businesses with reliable alternatives to traditional banking, making self-custodial, dollar-pegged digital assets a reality in LATAM. As stablecoins continue to embed themselves into the daily financial tapestry of the region, Tether is unwavering in its commitment to leading the charge toward inclusive, technological innovations that can reshape the economic landscape.
At Extreme Investor Network, we believe that developments like these are critical in understanding the future of finance. As Tether and Orionx navigate this landscape together, we will keep you informed on how such collaborations shape the world of cryptocurrencies and influence financial systems globally. Stay connected with us for the latest insights and expert analysis in the ever-evolving cryptocurrency domain.