Tether Makes Strategic Investment in Chilean Crypto Exchange Orionx
Published: June 3, 2025 at 7:23 PM UTC
By: Benson Toti
Edited by: Jayson Derrick
In a significant move that underscores its commitment to expanding cryptocurrency adoption, Tether, the issuer of the widely used stablecoin USDT, has announced a strategic investment in Orionx, a Chilean crypto exchange. This investment was revealed on June 3, 2025, as part of Orionx’s Series A funding round, which Tether has taken the lead on.
Investment Goals and Regional Impact
Orionx, which operates extensively in Latin America, is well-known for its cryptocurrency solutions, including cross-border payment systems available in Chile, Peru, Mexico, and Colombia. The funding from Tether is intended to bolster these operations and promote further expansion in the region where a significant number of individuals remain unbanked.
“The funding will allow us to consolidate our operations across the region,” noted Tether in a blog post accompanying the announcement. This investment will also support the expansion of Orionx’s stablecoin-powered infrastructure, enhancing its capabilities for remittances, treasury services, and payment collection throughout Latin America. The exchange aims to leverage this capital to reach the millions of unbanked adults in the region, which saw nearly $415 billion in crypto transactions between July 2023 and June 2024. ## Tether’s Vision for Financial Inclusion
Paolo Ardoino, CEO of Tether, explained the strategic importance of this investment: “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.” This initiative aligns with Tether’s broader goals of promoting financial inclusion through innovative financial solutions in areas that lack traditional banking infrastructure.
Strengthening Partnerships in the Crypto Ecosystem
The investment in Orionx adds to a series of strategic initiatives by Tether aimed at enhancing global stablecoin adoption. Earlier in 2025, the company supported the self-custodial crypto wallet Zengo and made an investment in Fizen Limited, a fintech company focused on digital payments and crypto self-custody. These investments reflect Tether’s ongoing efforts to support technological advancements and financial access, particularly in regions where traditional banking provisions are limited.
Joel Vainstein, CEO of Orionx, expressed optimism about the partnership with Tether: “Having Tether, the undisputed global leader in stablecoins, by our side will allow us to accelerate this path with digital, flexible, and scalable solutions.”
Conclusion
With this investment in Orionx, Tether is poised to not only strengthen its presence in Latin America but also play a critical role in promoting the use of cryptocurrencies in everyday financial transactions. This commitment to financial inclusion and support for emerging markets illustrates Tether’s strategy to empower communities with the tools necessary to thrive in the evolving digital economy.
As the landscape of cryptocurrency continues to evolve, partnerships like that of Tether and Orionx underscore the potential for innovation that directly addresses the financial needs of underserved populations across Latin America.
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