- Tether invests in Orionx to boost crypto-powered financial access across underserved Latin American markets.
- Orionx plans to expand its infrastructure and offer faster payment and cash management services for local businesses.
Tether has officially announced a strategic investment in Orionx. a digital asset platform from Chile that now has a footprint in Peru, Colombia, and Mexico. The goal is not only to expand the business, but also to bring stablecoins closer to communities that have had difficulty accessing traditional financial services.
Tether Announces Strategic Investment in Orionx to Advance Digital Asset Adoption Across Latin America
Read more: https://t.co/IO130FuWzU— Tether (@Tether_to) June 3, 2025
A Bold Step Toward Faster, Fairer Money Across Borders
Looking back, this region does have unique financial dynamics. Local currencies that continue to erode in value, inflation that is a headache, and banking access that is sometimes just a dream for many people.
That’s where Orionx tries to enter, and Tether’s presence behind it could be a game changer. Imagine if cross-border money transfers could be done in seconds, without having to go to the counter or bother converting currencies.
Furthermore, this injection of funds will be used by Orionx to strengthen their infrastructure and expand their products. Starting from payment collection solutions to cash management for businesses. According to Orionx CEO, Joel Vainstein, this collaboration could pave the way for more efficient and cheaper financial services, especially for local business actors who have so far been limited.
From Creator Wallet to Gold Stablecoin, Tether is Busy Again
On the other hand, CNF previously reported that they had just launched Tether Gold (XAUT) in Thailand via the Maxbit platform. Interestingly, XAUT is designed to be traded 24 hours a day without the hassle of storing physical gold. Moreover, the clarity of regulations in Thailand makes local investors more confident in trying it.
Then there is also a crypto wallet project in collaboration with the Rumble video platform. This wallet, which is scheduled to be released in the third quarter of 2025, will support Bitcoin and stablecoin transactions. Its main target is content creators in the global market who want more flexible monetization.
Not only that, this wallet is also designed to be simple to use, even by creators who have never been in touch with crypto before.
And not long ago, on June 2, 2025, Tether introduced XAUT0—the omnichain version of the XAUT gold stablecoin. This token was launched via the USDT0 liquidity network and is immediately available on the TON network.
Interestingly, users can send or receive XAUT0 between blockchains without the need for wrapping, making it simpler than traditional gold ETFs that are rigid and full of procedures.
In addition, Tether also has shares in the Italian football club, Juventus. Tether CEO Paolo Ardoino once said that if the Agnelli family through Exor decided to sell more shares, Tether was ready to increase its ownership. Whether for business, branding, or a combination of both, what is clear is that this step shows that Tether is expanding its influence in various directions, not only limited to the technology sector.
