While Tether's stated ceiling places its maximum exposure under $64 million, the incident underscores lingering counterparty risks in fiat gateway networks. Tether said its exposure to EQIBank, a Dominica-licensed lender caught in a U.S. asset seizure, amounts to less than 0.034 percent of its total assets. Based on Tether’s reported $187.75 billion in assets, its exposure could be roughly $64 million, though the company did not disclose an exact figure. The seizure reportedly affected abo…
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