Tether Strengthens Crypto Ecosystem with Strategic Investment in Orionx
Santiago, June 4, 2025 – Tether, the prominent stablecoin provider, has made a strategic investment in Orionx, a leading cryptocurrency exchange based in Chile. The announcement of this investment on June 3, 2025, marks Tether’s commitment to enhancing the digital assets infrastructure in Latin America.
A Step Towards Financial Innovation
Orionx operates not only within Chile but also has an established presence in Peru, Mexico, and Colombia. The exchange is noted for its innovative cross-border payment solutions in the cryptocurrency space. With Tether’s investment as part of Orionx’s Series A funding round, the exchange aims to bolster its operations and improve service delivery to meet the needs of the growing Latin American market.
Tether’s funding is particularly significant as it is expected to aid Orionx in scaling its infrastructure. This will facilitate seamless remittances, treasury services, and payment collections throughout the region. A critical focus of this development is addressing the financial needs of the unbanked population in Latin America, emphasizing the transformative potential of cryptocurrency in providing financial solutions to underserved communities.
According to recent reports, Latin American users engaged in nearly $415 billion worth of cryptocurrency transactions between July 2023 and June 2024, indicating robust demand and participation in the digital asset ecosystem.
Commitment to Financial Inclusion
Paolo Ardoino, CEO of Tether, highlighted that the investment in Orionx resonates with the company’s larger vision: to democratize access to stablecoin-powered financial tools, particularly in regions where access to traditional banking remains limited. Ardoino sees this partnership as not just an investment in a dynamic company but as a step towards fostering financial inclusion and innovation within the cryptocurrency landscape.
This move aligns with Tether’s recent strategic ventures aimed at promoting global stablecoin adoption. Earlier this year, Tether supported Zengo, a self-custodial crypto wallet in February, followed by an investment in Fizen Limited, a fintech company specializing in digital payments and crypto self-custody wallets, in April. These initiatives collectively aim to enhance stablecoin adoption, especially in areas with a high number of unbanked individuals.
Orionx’s Vision for the Future
Joel Vainstein, CEO of Orionx, expressed enthusiasm about the collaboration with Tether, underscoring the potential of digital and adaptable payment solutions in improving financial accessibility and inclusivity. Vainstein highlighted that this strategic alliance represents a significant milestone towards innovation and empowerment within the ever-evolving cryptocurrency ecosystem.
The partnership between Tether and Orionx is poised to deepen the impact of cryptocurrencies in Latin America, particularly by addressing the needs of those traditionally excluded from financial systems while fostering growth and innovation in digital finance.
As the cryptocurrency market continues to mature and expand, partnerships like these reflect the growing recognition of the role that digital assets can play in transforming financial landscapes worldwide.
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