Tether Invests in Chilean Crypto Exchange Orionx to Drive Latin American Adoption
CoinDeskTuesday, June 3, 2025 at 12:47:20 PM
Tether, the company behind the widely used USDT stablecoin, is putting money into Orionx, a Chilean cryptocurrency exchange. The move is part of Tether’s broader push to expand crypto adoption in Latin America, where demand for stablecoins and digital assets has been growing steadily.
Editor’s Note: This isn’t just another crypto investment—it’s a strategic play to strengthen Tether’s foothold in a region where inflation and currency instability have made stablecoins like USDT increasingly popular. By backing Orionx, Tether is betting on Latin America as a key market for crypto’s future, which could mean more accessible financial tools for people in the region. For crypto watchers, it’s a sign of where the industry sees real-world utility taking off next.
— Curated via WP Now’s
