Tether’s EQIBank exposure is under 0.034% as bank faces $89M US seizure

Tether's exposure to EQIBank is less than 0.034% of its total group assets, the company said. This follows reports that funds at the Dominica-licensed offshore lender were caught in a U.S. asset seizure that could push the bank into liquidation. The disclosure was first detailed by CoinDesk.