Financial inclusion & stablecoin adoption in Latin America

Data block

Collection item

Paolo Ardoino, CEO of Tether, stated that the investment supports Tether’s mission to expand financial inclusion by making stablecoin-powered financial tools accessible to underserved communities.
Stablecoins have emerged as a critical financial tool in Latin America, offering individuals and businesses a reliable alternative to traditional banking by enabling instant, low-cost, and borderless transactions, particularly in the context of inflation, currency volatility, and systemic barriers to financial access.
Latin America remains one of the most financially excluded regions globally, with the second-highest proportion of unbanked adults, driven by structural barriers such as documentation requirements, physical inaccessibility, and high transaction costs—despite the region’s growing engagement with digital assets.
Tether’s strategic investment in Orionx signifies a broader effort to scale stablecoin infrastructure in emerging markets, turning stablecoins into tools for everyday financial interactions beyond trading.

Data source type

Collection data source

Filter

{"where":{"AND":[{"attribute":"Jfmby78N4BCseZinBmdVov","is":"KeG9eTM8NUYFMAjnsvF4Dg"}]}}

Referenced by

Tether leads Series A for Chilean exchange Orionx

Crypto news

News story