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Don't remind me again today

Tether just dropped a bombshell in Uruguay. The stablecoin giant notified the country's labor ministry it's pulling the plug on local ops—30 employees are getting cut. Why? Sky-high energy bills and a tariff system that simply doesn't work for them. Here's the kicker: they'd mapped out a massive $500M investment plan. Barely got started before deciding the economics don't add up. Sometimes even crypto's biggest players hit the exit when the numbers won't cooperate.

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SandwichTradervip
· 23h ago
Uh... is 500M just gone like that? Is the energy cost really that harsh?
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GasBankruptervip
· 11-27 04:57
Energy costs and tariffs directly killed the dream of 500 million dollars, it's hilarious, this is reality.
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FlyingLeekvip
· 11-27 04:54
500M White Paper dream shattered, energy costs have forced Tether to retreat, these countries' policies really need to be reconsidered.
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LightningLadyvip
· 11-27 04:40
Wait, are the energy costs just cut like that? This move with USDT is a bit harsh, what happened to the 50 billion plan?
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