EQIBank exposure under 0.034 percent: What it means for the Tether USDt price

Published on 10/19/2026 at 13:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tether said EQIBank held under 0.034 percent of assets on October 18, 2026. The Tether USDt price was 0.9995 USD on October 19, 2026.

Reserve checks and new links

Tether said its EQIBank exposure was below 0.034 percent of assets on October 18, 2026.
The reserve cushion stood at 4.11 billion USD on June 30, 2026.
The Tether USDt price stands at 0.9995 USD as of October 19, 2026, near the 1.00 USD target.
A Senate inquiry directed at Cantor Fitzgerald sets an October 23, 2026, response date.

Tether USDt, XCRYPTOUSDT4, Illustration mit AI erstellt.

Tether USDt (USDT) disclosed that assets held at EQIBank represented less than 0.034 percent of group assets on October 18, 2026. The disclosure came as the offshore bank faced a US government seizure dispute, according to Ground News. The Tether USDt price stands at 0.9995 USD as of October 19, 2026, according to Investing.com.

EQIBank exposure remains below 0.034 percent

Ground News reported that Tether confirmed its exposure to EQIBank was below 0.034 percent of group assets. US prosecutors are seeking to forfeit 84.2 million USD from accounts linked to payment processor Capstone, while EQIBank has said the seizure totaled 89 million USD, according to the same report. Tether said it had no knowledge of the conduct alleged by the US Department of Justice, the report said.

The figures concern a banking relationship rather than the operation of the USDT token on public blockchains. The report also said the disclosure did not indicate an immediate threat to USDT reserves or its dollar peg.

October 7 partnership expands Tether's policy footprint

On October 7, 2026, Tether, Kazakhstan's National Bank and the Alatau City Authority signed a memorandum to study a tenge-pegged stablecoin, asset tokenization and decentralized finance, according to Bitcoin.com News. The agreement is exploratory and does not approve a new coin, select a blockchain or set an issuance date.

A separate reserve issue remains material. Tether's June 30, 2026, attestation listed 187.75 billion USD of assets against 183.64 billion USD of liabilities, leaving a 4.11 billion USD excess reserve, according to Shattered. The report said the GENIUS Act requires issuers above 50 billion USD in tokens outstanding to submit audited annual financial statements.

October 23 inquiry sets a regulatory date

Senator Richard Blumenthal asked Cantor Fitzgerald to provide records about its Tether relationship by October 23, 2026, according to Crypto.news. The inquiry covers reserve custody, sanctions screening, fees and communications with officials. The report distinguishes custody of reserve assets from Tether's ability to freeze specified USDT addresses.

USDT trades near its 1.00 USD target

According to Investing.com, the Tether USDt price is 0.9995 USD as of October 19, 2026. The daily high is 0.9997 USD and the daily low is 0.9991 USD. Market capitalization is 183.43 billion USD, ranking USDT third, while 24-hour volume is 36.71 billion USD. Circulating supply is 183.67 billion USDT.