While local reports said the company was leaving Uruguay, Tether denied those claims, saying it remains in talks to continue its mining operations. The company said it is evaluating its…

Tether is in the early stages of winding down its mining operations in Uruguay due to high energy costs. Tether had been negotiating new tariffs with UTE, the state‑owned power…

Tether, the company behind the widely popular USD stablecoin, has announced its foray into energy production and sustainable Bitcoin mining operations in Uruguay. According to the announcement, Tether’s collaboration with…