Skip to content
Crypto News Focus logo CNF_CRYPTO_NEWS_FOCUS_LOGO 8

Crypto News Focus

your day to day crypto news site

Primary Menu
  • Home
  • News
    • Bitcoin News
    • Ripple XRP news
    • Ethereum News
    • Cardano News
    • Shiba Inu News
    • Pi Network News
    • More
  • Analysis
  • PR Desk
  • About Us
  • General Policy & Privacy
  • Guides
    • Bitcoin Guides
    • Pi Network Guide
    • Cardano Guide
  • Politics
  • Tech
  • Home
  • News
  • Tether Invests in Orionx to Expand Crypto Access in Latin America
  • News

Tether Invests in Orionx to Expand Crypto Access in Latin America

Jane Kariuki 4 June 2025
Tether
  • 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.

ALSO READ:Stellar Price Prediction: XLM Eyes $0.3 After 25% Volume Surge

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.

ALSO READ:Can XRP Replace SWIFT for Cross-Border Payments?

DISCLAIMER:
The views and opinions expressed herein are solely those of the author  and do not necessarily reflect the views of the publisher. The publisher does not endorse or guarantee the accuracy of any information presented in this article. Readers are encouraged to conduct further research and consult additional sources before making any decisions based on the content provided.

Continue Reading

Previous: Can XRP Replace SWIFT for Cross-Border Payments?
Next: Dogecoin Faces Crucial June Test to Avoid Six Months of Losses

Related Stories

SUi
  • Analysis

Sui Faces Sell-Off Risk After SEC Postpones ETF Approval

Cal Evans 5 June 2025
XRP IMAGE
  • Analysis

XRP’s Role as a Strategic Hedge in a Tech-Focused Portfolio

Dennis Gatheca 5 June 2025
Bitcoin Price chart in the background
  • Analysis

Bitcoin Drops Below $105K as Crypto Market Sinks Over 3%

Sean Williams 5 June 2025

For general inquiries, please email us at Info@cryptonewsfocus.com

Crypto news focus is your day-to-day crypto news site. Get all the latest News and trends in the crypto, blockchain, and DeFi space. For more info and inquiries, reach out via email at info@cryptonewsfocus.com

You may have missed

vECHAIN ON A HILL AT NIGHT
  • Analysis

VeChain Launches Renaissance Update to Revolutionize Its Blockchain

Sean Williams 5 June 2025
SUi
  • Analysis

Sui Faces Sell-Off Risk After SEC Postpones ETF Approval

Cal Evans 5 June 2025
XRP IMAGE
  • Analysis

XRP’s Role as a Strategic Hedge in a Tech-Focused Portfolio

Dennis Gatheca 5 June 2025
Bitcoin Price chart in the background
  • Analysis

Bitcoin Drops Below $105K as Crypto Market Sinks Over 3%

Sean Williams 5 June 2025

Social Media

Crypto News Focus © All rights reserved | MoreNews by AF themes.
Go to mobile version
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok