Tether, USDT Stablcoin Broadcast Company, today announced its strategic investment in Orionx, one of Cross-border Payments’ leading cryptocurrency exchanges for its Chilean and financial infrastructure suppliers.
The investment, which shuts down the Orionx Series A funding round, is led exclusively by Tether, seeking to accelerate financial inclusion in emerging Latin American markets and strengthen its digital payments channels.
With its presence in Chile, Peru, Colombia and Mexico, Orionx offers cryptocurrency with financial solutions for B2B and retailers. The company was founded in 2017.
According to the statement, capital injections The company will be able to optimize its local businessImprove its technology and climb Stablecoins-based infrastructure for services such as remittances, payments, and local financial management.
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