Economy

The White House has acknowledged that establishing a strategic Bitcoin reserve for the United States remains a work-in-progress, as federal agencies continue to evaluate the best structure for the fund.

Former Tether chief investment officer Richard Heathcote is seeking to sell part of his 1.26% stake in the stablecoin issuer, according to a Bloomberg report citing people familiar with the matter.

The breakout occurred at 22:00 UTC on July 5, when trading volume surged to 81.89 million XRP, approximately 207% above the 24-hour average.

Policy analyst Al Vigier argues that while the strategy promises to boost Canadian AI adoption from 12 percent to 60 percent by 2034, the government has been quietly purchasing American systems, notably from Palantir Technologies, without public disclosure.

Stablecoin transaction volume hit a record $1.79 trillion in June, surging 63% from May's $1.1 trillion, according to Visa's Allium-powered analytics dashboard.