Tether's EQIBank Exposure Pegged at $64M Amid US Asset Seizure

Tether's link to EQIBank, a Dominica-registered banking institution, is less than 0.034% of its consolidated assets.

The US government has seized approximately $84.2 million tied to Capstone, EQIBank's payment processing partner, in connection with allegations that the company operated as an unauthorized money transmission service and provided misleading information about its operations.

Tether holds $187.75 billion in total assets, which means the potential exposure from EQIBank-related holdings would be roughly $64 million. However, Tether's reserve buffer of approximately $4.11 billion shields USDT's dollar peg from material risk.