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Tether Says EQIBank Exposure Is Below 0.034% of Group Assets

Tether says assets held at EQIBank amount to less than 0.034% of its group assets, after The Information reported that some of the stablecoin issuer’s funds were stuck at the offshore bank, which faces liquidation risks...

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Tether Says EQIBank Exposure Is Below 0.034% of Group Assets
Tether says assets held at EQIBank amount to less than 0.034% of its group assets, after The Information reported that some of the stablecoin issuer’s funds were stuck at the offshore bank, which faces liquidation risks following a U.S. asset seizure. A Tether spokesperson gave that percentage to... Read the full story at The Defiant

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Tether is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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