- Tether is backing Orionx to expand stablecoin-powered payments in LATAM
- LATAM is one of the largest crypto markets, driven by economic instability
- The goal: fast, cheap, accessible financial tools beyond traditional banking
Tether just took a bold step into Latin America by leading the Series A funding round for Orionx, a Chile-based crypto platform with operations in Peru, Colombia, and Mexico.
But this isn’t just about exchange growth—it’s about building real financial infrastructure in a region desperate for stable, fast, and affordable money movement.
Orionx specializes in integrating stablecoins into everyday finance: B2B payments, remittances, treasury tools, and more. With Tether’s backing, they’re now positioned to scale services that bypass the friction of traditional banking—think instant transfers, low fees, and zero paperwork.
Why LATAM? Because the numbers don’t lie. Over $415 billion in crypto hit the region last year, most of it in stablecoins. Countries like Argentina and Brazil are seeing explosive demand due to inflation, debt, and currency volatility.
Still, millions remain unbanked. That’s where this collaboration matters. By supporting Orionx, Tether is betting on stablecoins not just as assets—but as tools for real financial inclusion.
