KEY TAKEAWAYS
- Tether invests in Orionx to enhance digital asset adoption and financial inclusion in Latin America.
- Orionx aims to expand its stablecoin-powered infrastructure for remittances and payment services across LATAM.
- Stablecoins offer a vital alternative for unbanked populations in LATAM, addressing economic challenges like currency devaluation.
- The collaboration between Tether and Orionx focuses on providing scalable, digital financial solutions in emerging markets.
On June 3, 2025, Tether, a leading entity in the digital asset industry, announced its strategic investment in Orionx, a prominent Chilean digital asset exchange and financial infrastructure company. This investment, detailed here, highlights Tether’s ongoing commitment to enhancing financial inclusion and strengthening digital payment channels in emerging markets.
Orionx operates across Chile, Peru, Colombia, and Mexico, integrating cryptocurrencies into both business-to-business (B2B) and retail systems. The company provides cost-effective financial tools, and this investment marks the closure of Orionx’s Series A funding round, led exclusively by Tether. The funding will enable Orionx to consolidate its regional operations, enhance technological capabilities, and expand stablecoin-powered infrastructure for remittances, payment collection, and treasury services across Latin America (LATAM).
Stablecoins as a Solution in LATAM
According to Chainalysis, LATAM received nearly $415 billion in cryptocurrency between July 2023 and June 2024, with stablecoins making up the majority of indirect flows from local to global exchanges. This trend is particularly notable in countries like Brazil and Argentina, where economic challenges such as currency devaluation, rising inflation, and increasing public debt have driven users to seek stability in stablecoins.
Despite advancements in the digital asset space, LATAM still has the world’s second-highest proportion of unbanked adults. Many individuals remain underbanked or excluded from traditional financial services due to strict documentation requirements, limited access to financial institutions, and high transaction fees. In this context, stablecoins offer a vital alternative, enabling secure and affordable transactions without relying on conventional banking systems.
Strategic Collaboration for Financial Inclusion
Tether’s investment in Orionx reflects a strategic effort to address these financial gaps. Orionx’s “Remittances as a Service” platform allows businesses to offer near-instant, low-cost cross-border payments. The infrastructure supports seamless transaction processing, local fiat on and off-ramps, and simplified onboarding. By facilitating stablecoin settlements, Orionx brings practical use cases to users, with Tether aiding in scaling this impact.
Paolo Ardoino, CEO of Tether, stated, “Tether is continuously expanding its mission to foster financial inclusion by investing in technologies and teams that deliver real-world value through stablecoin in emerging markets.” Joel Vainstein, CEO of Orionx, added, “Having Tether, the undisputed global leader in stablecoins, by our side will allow us to accelerate this path with digital, flexible, and scalable solutions.”
This collaboration underscores a shared mission to empower individuals and businesses with reliable alternatives to traditional banking systems through self-custodial, dollar-pegged digital assets. As stablecoins become increasingly embedded in daily financial interactions across LATAM, Tether remains committed to leading the global charge for inclusive financial and technological innovations.
Why This Matters: Impact, Industry Trends & Expert Insights
Tether’s strategic investment in Orionx aims to enhance digital asset adoption and financial inclusion across Latin America by leveraging stablecoin technology.
Recent industry reports indicate that stablecoin adoption in Latin America continues to grow significantly, driven by economic challenges such as high inflation and currency devaluation. This aligns with Tether’s investment in Orionx to expand stablecoin-powered infrastructure for remittances and payment services in the region.
A report by CEMLA highlights that stablecoins are significantly impacting financial inclusion in Latin America by providing a stable digital means of transactions, addressing issues like inflation and currency volatility. This supports the news event’s significance, as Tether’s investment is set to enhance financial stability and accessibility through Orionx’s services.
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