Tether
Latam Insights: Bolivia Embraces Stablecoins, Tether Leaves Uruguay
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week.
Tether
Tether
Arthur Hayes: Tether bought gold and Bitcoin in anticipation of interest rate cuts; USDT could go bankrupt if assets fall by 30%.
PANews reported on November 30th that BitMEX co-founder Arthur Hayes posted on the X platform regarding the Tether audit report, stating, “The Tether team is in the early stages of large-scale interest rate trading. They […]
Tether
Tether Shuts Down Uruguay Mining Operations Over Energy Tariffs
Leading stablecoin issuer Tether has confirmed it’s shutting down its mining operations in Uruguay and is laying off most of its local workforce, after failing to reach an agreement with authorities over energy tariffs. Officials […]
Tether
Tether Halts Bitcoin Mining Operations in Uruguay
Tether halts Bitcoin mining in Uruguay over high electricity costs. The company Tether has suspended its Bitcoin mining activities in Uruguay due to high electricity costs, according to local media reports. The USDT issuer had […]
