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Tether Invests in Chilean Crypto to Boost LATAM Payments

6/5/2025

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Summary

Story summary

Tether has invested in Orionx, a Chilean crypto platform, to boost stablecoin payments in Latin America.
This investment focuses on enhancing financial inclusion and offering affordable solutions for B2B and retail transactions.
Last year, LATAM experienced $415 billion in cryptocurrency flows, with stablecoins rising in popularity due to economic challenges.
Millions in LATAM are unbanked, positioning stablecoins as vital for secure and low-cost money transfers.
The partnership aims to establish a strong financial infrastructure across the region.

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Story summary

Tether has invested in Orionx, a Chilean crypto platform, to boost stablecoin payments in Latin America.
This investment focuses on enhancing financial inclusion and offering affordable solutions for B2B and retail transactions.
Last year, LATAM experienced $415 billion in cryptocurrency flows, with stablecoins rising in popularity due to economic challenges.
Millions in LATAM are unbanked, positioning stablecoins as vital for secure and low-cost money transfers.
The partnership aims to establish a strong financial infrastructure across the region.