Tether’s USDT stablecoin has received regulatory recognition within Abu Dhabi’s international financial center, enabling licensed institutions to offer regulated services using the digital asset, the company announced. Tether’s USDT Secures Broader Regulatory Clearance in ADGM USDT is now an Accepted Fiat-Referenced Token (AFRT) in the framework of the Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority (FSRA). The permission will enable licensed participants to conduct controlled financial operations in USDT on a wide spectrum of blockchain networks, such as Aptos, Celo, Cosmos, Kaia, Near, Polkadot, Tezos, TON, and TRON . Tether is proud to be part of the global industry leader in digital asset regulations established by the UAE, and its CEO, Paolo Ardoino, is delighted by this fact. This achievement underscores the commitment of Tether to the development of financial inclusion and innovation at the global level. ADGM had already accepted USDT as a legitimate virtu...

Tether Holdings has officially suspended all its Bitcoin mining activities in Uruguay. The company cited electricity tariffs that proved unsustainable despite the country’s near-100% renewable energy grid. The decision ends a two-year push into what was once seen as one of Latin America’s most promising renewable-powered mining hubs. “We can confirm that we have paused operations in Uruguay,” a Tether spokesperson said. “Tether remains committed to building long-term initiatives in Latin America, especially projects that harness renewable energy. We continue to evaluate the best way forward in Uruguay and the region more broadly.” The decision to suspend its operations is as a direct result of failed negotiations with state-owned utility UTE over high-voltage electricity tariffs. Sources familiar with the talks said rates were between $60 and $180 per megawatt-hour, which is more expensive compared to other competing jurisdictions, making Tether’s operations in Uruguay economically un...

S&P Global Flags Rising Risk in Tether’s Reserves S&P Global Ratings has reassessed Tether’s ability to maintain its one-to-one peg with the US dollar, issuing its lowest score in the Stablecoin Stability Assessment framework. The SSA for USDT has been downgraded from 4 (constrained) to 5 (weak) following a detailed analysis of the stablecoin’s reserve composition, governance structure, and redeemability conditions. The downgrade reflects a marked increase in Tether’s exposure to high-risk assets , alongside persistent gaps in transparency regarding reserve management. According to the latest quarterly attestation, Tether held 181.2 billion dollars in reserves against 174.4 billion dollars of USDT in circulation as of Sept. 30, 2025, for a collateralization ratio of 103.9 percent , down from 105.1 percent the previous year. A significant portion of these reserves remains invested in short-term U.S. Treasury bills and reverse repos, which S&P considers low-risk. However,...