Tether has invested in the exchange of Chile’s encryption in an attempt to expand in the coded currency market in Latin America worth $ 415 billion. According to Chainalysis, LATAM received approximately $ 415 billion of cryptocurrency between July 2023 and June 2024, where Stablecoins is the majority of indirect flows from local to global stock exchanges, especially in countries such as Brazil and Argentina.
On June 3, 2025, Tether announced the investment in Orionx, one of the leading stock exchanges in Chilean digital assets and a financial infrastructure company specialized in border payments.
“Orionx expands access to digital assets in Latam and builds meaningful paths for individuals and companies to interact with the global economy in a stable, transparent and effective way,” said Paulo Erdino, CEO of Tether.
Currently, Orionx has operations via Chile, Peru, Colombia and Mexico. It is worth noting that this investment is officially closed from the OrionX financing chain, which is led by Tether exclusively.
¡Tether InvieRte En Orionx
Est NOSOTROS.
Comunicado Official: https://t.co/tksvlpadn4
Orionx (@orionx) June 3, 2025
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Tether on the reason for Latam’s interest in a growth in Stablecoins
Tether pointed out that despite this progress in the area of ​​digital assets, Latam still has the second highest in the world of non -banking adults.
It has been found that a large share of the population is still reasonable or excluded from traditional financial services due to the requirements of strict documents, limited access to financial institutions, distance, and high transaction fees.
Moreover, reducing the value of the local currency, high inflation, and increasing public debts in economies such as Argentina have prompted retail users and institutions to search for stability in Stablecoins.
Brazil has also seen a significant increase in institutional encryption activity, with the support of mature regulatory frameworks and high demand for B2B payments across Stablecoin.
“In this case, Stablecoins provides a vital alternative, allowing individuals and companies to send and receive money immediately, safely, at reasonable prices, without relying on traditional banking systems or mobility in complex registration operations,” said Tether.
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So we reached our last selection, but with the highest possibility to return. It is the first layer of layer 2 on Solana’s encryption. Since the pre -primary launch on December 13, 2024, Solaxy raised more than $ 43 million.
This is not only the noise on the side of Degens, but also from institutional investors. $ Solx is the original icon for the project that is also used to support and secure the network and fees.
Now, and APY He is 93 %Which can enhance in addition to enhancing your gains. This means that long -term holdings remain within the project, which will help the price of the graph.
Solaxy uses the Rollup approach to put the finishing touches on the transactions outside the chain to be faster and safer and use fewer fees. This helps with no congestion and also not to stop.
Along with the empty feelings and the excellent community, it is an ideal place to be. Indeed, the big names talk about this project can be the Solana Solana project for the Altcoin season.
If the demand for developable infrastructure increases, this may become vertical.
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Tether invests in Orionx – Exchange of encryption with operations via Chile, Peru, Colombia and Mexico.
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according to seriesLatam received approximately $ 415 billion of cryptocurrency between July 2023 and June 2024, where Stablecoins is the majority of indirect flows from local stock exchanges to global, especially in countries such as Brazil and Argentina.
Tether expands in Latin America, and invests in Chilean encryption: Explore the best purchase! First appeared on 99bitcoins.