Tether Clarifies Power‑Cut Situation in Uruguay

21-Sep-2025 Bitcoin.com

Tether Clarifies 'Lights out' Situation in Uruguay

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 company, since 2023, but the talks produced no agreement. Tether Clarifies Power Cuts in Uruguay, States It Is Winding Down Operations Due to High Energy […]

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