TLDR
-
Tether backs Orionx to boost stablecoin-powered payments across Latin America.
-
Orionx expands in LATAM with Tether’s funding to serve the underbanked.
-
Stablecoins surge in LATAM as inflation drives demand for dollar-pegged assets.
-
Tether-Orionx deal aims to modernize remittances and B2B settlements in LATAM.
-
Crypto exchange Orionx secures Tether investment to scale cross-border services.
Tether has made a strategic investment in Orionx, a Chilean crypto exchange operating across Latin America. The funding amount remains undisclosed, but it completes Orionx’s Series A round. The move strengthens Tether’s push to scale stablecoin usage in cross-border payments across the region.
Orionx Expands Its Regional Footprint with Tether’s Backing
Orionx currently operates in Chile, Peru, Colombia, and Mexico, serving both retail and institutional users. The company integrates crypto services into daily financial operations, including payment collection and treasury management. With Tether’s investment, Orionx aims to expand its services and improve its infrastructure.
Tether has made a strategic investment in Chilean crypto exchange Orionx. The amount was not disclosed. Orionx operates in several Latin American countries and the investment aims to support its regional expansion.https://t.co/mzprpt4Xyl
— Wu Blockchain (@WuBlockchain) June 3, 2025
The platform supports fiat on and off-ramps, enabling seamless movement between local currencies and stablecoins. This functionality helps both consumers and businesses process transactions without depending on traditional banking systems. As a result, users gain faster access to dollar-pegged assets for everyday use.
The investment from Tether will help Orionx grow its client base and improve service delivery across LATAM. The company plans to strengthen its network and increase adoption among underbanked communities. In addition, Orionx will enhance onboarding tools to simplify user access to digital payments.
Stablecoins Gain Momentum Amid LATAM’s Financial Struggles
LATAM continues to face rising inflation, devalued currencies, and increased public debt, particularly in Argentina and Brazil. These factors have driven both consumers and institutions toward stablecoins to protect against local volatility. Stable digital assets now play a growing role in the region’s financial systems.
According to Chainalysis, LATAM received around $415 billion in crypto from July 2023 to June 2024. Stablecoins made up most of the flow between local and global exchanges, especially in economies with volatile currencies. This trend highlights a rising demand for digital assets that offer price stability and ease of use.
While digital adoption grows, the region still has a large population excluded from banking services. Many remain unbanked due to limited infrastructure, high fees, and strict documentation requirements. Stablecoins present an accessible alternative for instant and affordable cross-border transactions.
Tether Accelerates Adoption of Stablecoin-Based Infrastructure
Tether views the Orionx partnership as part of its broader vision to improve financial access using stable digital currencies. The collaboration allows businesses to offer fast, cost-effective remittance and payment tools to their customers and promotes transparent and efficient settlement across various sectors.
Orionx offers a platform that supports “Remittances as a Service,” enabling merchants and institutions to integrate stablecoin transactions. The company helps streamline financial processes, from salary distribution to B2B settlements, across different countries. This allows enterprises to cut costs while increasing speed and transparency.
Tether continues to prioritize emerging markets where digital assets address critical financial gaps. With Orionx, it expects to reach more users and support digital payment innovation across LATAM. The partnership reflects shared efforts to deliver inclusive, real-world solutions for underserved communities through blockchain-based finance.
