Tether is actively growing its international footprint and advancing cryptocurrency adoption through a recent strategic investment in the Chilean digital asset platform Orionx. This move reflects the stablecoin leader’s ongoing efforts to strengthen its influence in emerging crypto markets.
On June 3, 2025, Tether—the company behind the widely used stablecoin USDT—announced an investment in Chile-based digital asset and infrastructure firm Orionx. The funding was part of Orionx’s Series A round, which was led by Tether, according to the official details.
Orionx operates throughout Latin America, providing its cryptocurrency-based cross-border payment services in countries such as Chile, Peru, Mexico, and Colombia. According to a blog post by Tether, the newly secured funding will help strengthen the platform’s presence and activities across these markets.
The capital infusion will also be directed toward expanding the company’s stablecoin-driven infrastructure, aiming to boost adoption of its solutions for remittances, treasury operations, and payment collections throughout Latin America. Orionx plans to focus on the region’s vast unbanked population, a critical move considering that LATAM users received nearly $415 billion in cryptocurrency between July 2023 and June 2024.
“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,” said Paolo Ardoino, chief executive officer of Tether.
Tether’s strategic investment in Orionx expands on its previous initiatives, including its public backing of the self-custodial cryptocurrency wallet Zengo in February 2025.
In April, just a few months later, Tether made an investment in Fizen Limited, a fintech firm specializing in digital payment solutions and crypto self-custody wallets. Tether signed these agreements to reinforce its mission of advancing stablecoin adoption globally, especially in regions with large unbanked and underserved populations.
Joel Vainstein, the CEO of Orionx, stated that the company will contribute to this effort through its 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,” Vainstein.
