Tether Exits Uruguay and Scraps $500M Mining Hub After Tariff Talks Collapse

Tether, the issuer of the world’s largest stablecoin, has confirmed it will terminate its operations in Uruguay and liquidate its local workforce. The decision follows a breakdown in negotiations with the state-owned utility UTE regarding energy tariffs, forcing the company to abandon a planned $500 million infrastructure investment. The Economics of the Exit: The withdrawal […] Read The Full Article Tether Exits Uruguay and Scraps $500M Mining Hub After Tariff Talks Collapse On Coin Edition.