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Tether confirms minimal EQIBank exposure following $89M US asset seizure

CoinDesk·September 25, 2026·1 min read
Tether confirms minimal EQIBank exposure following $89M US asset seizure

Tether confirmed minimal exposure to EQIBank following an $89 million seizure of U.S. assets. Tether's stated ceiling places its maximum exposure under $64 million, but the incident underscores lingering counterparty risks in fiat gateway networks. The event highlights potential vulnerabilities in stablecoin backing infrastructure.

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