Tether has funds trapped at EQIBank, an offshore digital bank facing liquidation after US authorities seized about 80% of the bank's holdings linked to a payment processor. Tether says its exposure is minimal, under 0.034% of total assets, but has not disclosed exact amounts. The incident raises broader questions about how much of Tether's reserves are held offshore, which could pose risks if multiple shocks occur. EQIBank's case is ongoing, and Tether may need to clarify its offshore reserve exposure to ease concerns.
USDT (Tether) trades at Rp17.880 on Pluang, showing a 0.44% gain as of Sep 25, 2026 09:11 WIB. The market cap stands at Rp3.291,98 trillion with a 24-hour volume of Rp1.483,8 trillion. Despite the offshore bank issue, Pluang data shows 73% of orders are selling, with typical hold times around 88 days.
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