Tether Confirms USDT (USDT) Exposure at EQIBank Below 0.034% of Total Assets

Tether confirmed USDT funds frozen at EQIBank, under 0.034% of assets, as an $89 million US seizure pushes the Dominica-licensed bank toward liquidation. Tether said the exposure is minimal and does not affect its reserves, but the incident raises questions about banking relationships for stablecoin issuers.