3 June 2025 — Tether, the largest company in the digital asset industry, announces its investment in Orionx, one of the leading Chilean digital asset exchanges and a financial infrastructure company specializing in cross-border payments. This investment underscores Tether’s continued commitment to advancing financial inclusion and strengthening resilient digital payments channels across emerging markets.
With operations across Chile, Peru, Colombia, and Mexico, Orionx integrates cryptocurrencies into both B2B and retail systems, delivering cost-effective financial tools. This investment, which officially closes Orionx’s Series A funding round, led exclusively by Tether, will enable the company to consolidate its regional operations, enhance its technological capabilities, and scale stablecoin-powered infrastructure for remittances, payment collection, and treasury services across Latin America (LATAM).
According to Chainalysis, LATAM received nearly $415 billion in cryptocurrency between July 2023 and June 2024, with stablecoins accounting for the majority of indirect flows from local to global exchanges, particularly in countries like Brazil and Argentina. The rapid devaluation of local currencies, rising inflation, and growing public debt in economies like Argentina have driven retail and institutional users to seek stability in stablecoins. Brazil also witnessed a significant rise in institutional crypto activity, supported by maturing regulatory frameworks and rising demand for stablecoin-based B2B cross-border payments.
Despite this progress in the digital asset space, LATAM still has the world’s second-highest proportion of unbanked adults. A significant share of the population remains underbanked or excluded from traditional financial services due to strict documentation requirements, limited access to financial institutions, distance, and high transaction fees. In this situation, stablecoins offer a vital alternative, allowing individuals and businesses to send and receive money instantly, securely, and affordably, without relying on conventional banking systems or navigating complex registration processes.
Tether’s investment in Orionx reflects a strategic effort to address these gaps. The company’s “Remittances as a Service” platform enables businesses to offer their customers near-instant, low-cost cross-border payments. Its infrastructure also supports seamless transaction processing, local fiat on and off-ramps, and simplified onboarding. By enabling institutions and merchants to settle with stablecoins, Orionx brings real-life use cases to users, and Tether is helping scale that impact.
“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. 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. Orionx is expanding access to digital assets in LATAM and building meaningful pathways for individuals and businesses to engage with the global economy in a stable, transparent, and efficient way,” said Paolo Ardoino, CEO of Tether.
“We are proud to have been chosen as part of Tether’s portfolio of companies and a collaborator for the LATAM region. Establishing this strategic collaboration between Orionx and Tether marks a turning point in our B2B vision: we see exponential growth in the number of companies seeking faster and more cost-efficient solutions for payment collection, distribution, and treasury management across the region. Having Tether, the undisputed global leader in stablecoins, by our side will allow us to accelerate this path with digital, flexible, and scalable solutions,” said Joel Vainstein, CEO of Orionx.
The collaboration reflects 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.
