Tether Powers Up: Massive Investment in Orionx Shakes Up Latin America's Crypto Scene!

Stablecoin Giant Fuels Orionx's Series A, Targets Unbanked Millions

Tether's not playing around! The stablecoin powerhouse just dropped a bombshell investment into Orionx, a Chile-based crypto exchange that's lighting up Latin America. This isn't just another move; it's a strategic play to turbocharge crypto adoption across the region.

On June 3, 2025, Tether, the brains behind the leading stablecoin USDT, announced they're leading Orionx's series A funding round. That's right, Tether's taking the wheel, steering Orionx towards a brighter future in the world of digital assets and infrastructure.

Orionx isn't sitting still either. They're already making waves across Latin America, with their crypto cross-border payments solution rocking Chile, Peru, Mexico, and Colombia. And with Tether's backing, they're set to lock down their operations and dominate the region.

But that's not all. Orionx is gunning to scale up their stablecoin-powered infrastructure like there's no tomorrow. They're targeting remittances, treasury services, and payment collection across LATAM, and they've got their sights set on the region's massive unbanked population. With almost $415 billion in crypto flowing into LATAM between July 2023 and June 2024, this is a game-changer.

Paolo Ardoino, Tether's CEO, isn't holding back. "By closing Orionx's series A round, we're not just backing a high-impact company. We're pushing forward our vision to bring stablecoin-powered financial tools to the underserved communities across the region," he said. And you know what? He means it.

This isn't Tether's first rodeo. They've been making strategic moves left and right. Just in February 2025, they backed self-custodial crypto wallet Zengo. And in April, they threw their weight behind Fizen Limited, a fintech company that's all about digital payments and crypto self-custody wallets. It's all part of Tether's grand plan to boost global stablecoin adoption, especially in regions where the unbanked and underserved are crying out for better financial solutions.

Orionx is all in on this mission, and they're thrilled to have Tether by their side. Joel Vainstein, Orionx's CEO, is fired up. "Having Tether, the undisputed global leader in stablecoins, by our side will let us accelerate our path with digital, flexible, and scalable solutions," he said. Buckle up, because Orionx and Tether are about to take Latin America's crypto scene to the next level!