Tether Taps South America for Green Bitcoin Mining Push

Strategic Shift: Tether Signs Renewable Mining Deal in South America

Tether, the powerhouse behind the world’s largest stablecoin, is officially stepping deeper into Bitcoin mining, and this time it’s going green. On July 3, the company announced a Memorandum of Understanding (MoU) with Adecoagro S.A., one of South America’s leading producers of sustainable agriculture and energy, to explore a renewable-powered mining collaboration.

The partnership centers on utilizing over 230 MW of Adecoagro’s clean energy to power Tether’s mining operations. According to Adecoagro CEO Mariano Bosch, the project presents an opportunity to stabilize surplus energy revenues and gain exposure to Bitcoin as a store of value. 

Quote from Bosch:

Tether’s Mining OS Gets Its First Major Test

The pilot project will run on Tether’s proprietary Mining OS, a platform designed to optimize operational efficiency and infrastructure control. The system, which is set to be open-sourced in the coming months, could become a crucial component in Tether’s broader infrastructure roadmap.

Tether CEO Paolo Ardoino emphasized the project's broader mission to combine renewables with digital infrastructure in a responsible and scalable way. 

Quote from Ardoino: 

The emphasis on open-source tech also reflects Tether’s recent pivot toward transparency and innovation as it expands beyond its core stablecoin business. 

A Strategic Investment With Mining and More in Sight

The collaboration comes just weeks after a transaction agreement between the two companies, which may result in Tether acquiring up to 70% of Adecoagro’s outstanding shares. This hints at a long-term strategic alignment, potentially making Tether a major stakeholder in both renewable energy and agri-business infrastructure in South America.

Adecoagro’s willingness to integrate Bitcoin into its balance sheet - alongside farmland - marks a growing trend of traditional firms treating Bitcoin as a strategic reserve asset.

This deal also suggests Tether is evolving into more than a stablecoin issuer. It's now positioning itself as a player in energy, infrastructure, and asset tokenization - key pieces of the next-generation financial stack. 

Diversifying Beyond USDT

While Tether’s USDT remains the world's dominant stablecoin with a $158 billion market cap, the company has been quietly expanding its reach in 2024 and 2025. This includes new projects in:

• Artificial intelligence

• Crypto education

• Scalable mining operations

By aligning with a renewable energy leader like Adecoagro, Tether is carving out a green narrative in an industry often criticized for its environmental footprint. And with countries like Paraguay, El Salvador, and Argentina warming to crypto-powered development, this move positions Tether to play a key regional role. 

Renewable-Powered Bitcoin Mining on the Rise

This latest move also underscores a global trend: institutional crypto mining is going green. Energy producers are increasingly seeing Bitcoin mining as a value-add to absorb surplus energy and stabilize grids - especially in developing regions with intermittent demand cycles.

The Tether - Adecoagro partnership could become a template for similar ventures worldwide, especially in markets where energy and agriculture intersect.