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Tether Expands in Latin America, Invests in Chilean Crypto Exchange: Explore Best Crypto to Buy!

  • Tether has invested in Chilean crypto exchange, Orionx, to expand to Latin America's cryptocurrency market.
  • LATAM received around $415 billion in cryptocurrency between July 2023 and June 2024, with stablecoins being a significant part of the flows.
  • Orionx operates in Chile, Peru, Colombia, and Mexico, and the investment by Tether closed Orionx's Series A funding round.
  • The growing interest in stablecoins in LATAM is driven by unbanked populations, currency devaluation, and demand for stable B2B cross-border payments.

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