Tether Says EQIBank Exposure Is Below 0.034% of Group Assets

Tether says assets held at EQIBank amount to less than 0.

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