Tether announces investment to accelerate the use of cryptocurrencies in Latin America
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Orionx will use investment to improve its technology and expand remittance and treasury services.
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The company offers non -banking solutions in the region.
Tether, a USDT Stablcoin broadcast company, today announced a strategic investment in Orionx, one of the main cryptocurrency exchanges in Chile and financial infrastructure supplier for cross -border payments.
This investment, which closes the Orionx Series A Financing Round led exclusively by Tether, seeks to accelerate financial inclusion and strengthen digital payments channels in emerging markets in Latin America.
With presence in Chile, Peru, Colombia and Mexico, Orionx offers cryptocurrencies in financial solutions for B2B and retailers. According to the statement, capital injection will allow the company to optimize its regional operationsimprove its technology and climb your Stablecoins -based infrastructure for services such as remittances, payment of payments and treasury management in the region.
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