Tether disclosed that its financial connection to EQIBank, a Dominica-registered bank, represents less than 0.034% of its consolidated assets, as U.S. authorities pursue approximately $84.2 million tied to Capstone, the bank’s payment-processing partner. Prosecutors allege Capstone operated an unauthorized money-transmission service and misled financial institutions. EQIBank says the action affected about $89 million, or 80% of its liquid monetary reserves, raising the prospect of liquidation. Tether’s June 30 report showed $187.75 billion in assets against $183.64 billion in obligations, leaving an equity cushion of about $4.11 billion. The potential EQIBank exposure, estimated at roughly $64 million, would represent less than 1.6% of that buffer. Tether says the development does not indicate an imminent threat to USDT, a stablecoin (crypto token designed to track a reference asset), or its one-to-one dollar value. The case highlights how banking-counterparty problems can temporarily restrict access to reserves even when those assets retain their value.