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Power Cuts: Tether Owes Nearly $5 Million in Energy Bills to Uruguay

Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether F...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Power Cuts: Tether Owes Nearly $5 Million in Energy Bills to Uruguay
Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether, the multi-billion-dollar crypto and stablecoin company, is […]

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