CASE STUDY | This Latest Seizure Exposes the Banking System Behind the World’s Largest Stablecoin
The U.S. seizure of more than $84 million linked to one of Tether’s banking partners has exposed the conventional financial infrastructure that sits beneath the world’s largest stablecoin. Tether’s USDT may move on blockchains but the dollars flowing into and out of the ecosystem still depend on banks and payment companies. The case involving Dominica-based EQIBank and U.S. payments firm, CapStone, offers a rare look at that plumbing. CRYPTO CRIME | U.S. Seizes Over $80 Million Linked to a […]
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- 2026-09-25 17:07 UTC
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- 2026-09-25 17:08 UTC
What happened
- CASE STUDY | This Latest Seizure Exposes the Banking System Behind the World’s Largest Stablecoin
Why it matters for stablecoins
Reviewed BitKE reporting on Payments matters for Stablecoin payments readers.
Timeline
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BitKE reported the item at 2026-09-25T13:00:08.000Z.
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This event appears in Payments & Adoption because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.
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