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.