- Tether has invested in Chilean crypto exchange Orionx to boost stablecoin adoption in Latin America.
- The funding will expand Orionx’s services across Chile, Peru, Mexico, and Colombia.
Tether has made another bold move to grow its global influence, this time by investing in Chile-based crypto exchange Orionx. Tether announced the investment on 3/6/25, marking a strategic step in expanding access to digital financial tools in Latin America.
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Tether Leads Series A Funding for Orionx
Orionx’s Series A funding round, led by Tether, is set to help the exchange scale its operations across the region. The platform already serves users in Chile, Peru, Mexico, and Colombia, offering crypto-powered cross-border payments. With Tether’s backing, Orionx plans to strengthen its infrastructure and reach even more users with solutions for remittances, treasury management, and digital payment collection.
The move is particularly significant in a region where crypto adoption continues to rise, and traditional banking services often fall short. Between July 2023 and June 2024, Latin America received nearly $415 billion in crypto, highlighting the growing demand for accessible digital finance.
Empowering the Unbanked Through Stablecoin Solutions
One of the key goals of the investment is to bring financial tools to underserved populations. Millions of adults in Latin America lack access to banking services, and Tether aims to change that by supporting Orionx. Orionx delivers scalable, stablecoin-powered services to provide flexible financial alternatives where traditional systems fail.
Paolo Ardoino, Tether’s CEO, emphasized the company’s broader mission: “By closing Orionx’s series A round, we are not only supporting a high-impact company but also advancing our broader vision of making stablecoin-powered financial tools accessible to underserved communities across the region.”
Tether’s Continued Push for Global Crypto Adoption
The Orionx investment adds to a string of strategic moves by Tether in 2025. Earlier this year, the company invested in Zengo, a self-custodial crypto wallet, and Fizen Limited, a fintech firm focused on digital payments. These investments align with Tether’s ongoing efforts to expand stablecoin use worldwide.
Joel Vainstein, CEO of Orionx, noted that the partnership will allow the company to accelerate its mission. “Having Tether, the undisputed global leader in stablecoins, by our side will allow us to accelerate this path with digital, flexible, and scalable solutions,” he said.
Tether invests in Orionx to drive the future of financial access across Latin America.
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