Bhutan Is Moving Bitcoin Again
The Royal Government of Bhutan transfers 533 BTC, worth approximately $34.5M, to @Binance.
This transaction originates from the kingdom's sovereign digital asset treasury.
Bhutan remains a prime example of a nation-state miner, having accumulated substantial $BTC reserves by leveraging its vast domestic hydroelectric energy resources to power state-managed data centers.
Source: Onchain Lens
๐จHUGE: CONGRESS BANS FED FROM CREATING A DIGITAL DOLLAR UNTIL 2030
The Senate passed the CBDC ban 89-10, blocking the Fed from issuing a government-backed digital dollar until 2030.
Circle $USDC and Tether $USDT now face no government stablecoin competitor for at least FOUR YEARS.
๐จMASSIVE: ASTER FLIPS ON A 99% BUY & BURN MODEL
Binance Perp DEX Aster has activated a fee switch redirecting 99% of daily platform fees toward aster-2:native buybacks and burns.
Countries need to tokenize their stocks, allowing worldwide buyers. (RWA)
Countries need to issue their own stablecoin(s), to expand their currency's usage on the blockchain.
As AI agents begin to act, payments move into the background โ at machine speed and massive scale.
Today weโre introducing Mastercard Agent Pay for Machines โ bringing structure, governance, and trust to this new class of payments.
Launching with 30+ partners to bring this to life from day one.
This isnโt just more payments. Itโs a new operating model for commerce.
๐ Learn more: https://t.co/TeS6Lj8jLO
Visa doubles down on stablecoins and AI agents
@Visa's stablecoin settlement just hit a $7B annual run rate. That's double where it stood in November. Over 160 stablecoin card programs are live or in the pipeline, and banks are settling onchain seven days a week.
The same keynote dropped an @OpenAI partnership: AI agents paying with tokenized Visa credentials, with spending limits set by the user.
Visa's product chief says: AI is remaking the front end of commerce and stablecoins the back end. Visa intends to sit between the two.
Can LUNC Recover From Its 30-Day Slump?
After a decent run in early May, which saw $LUNC surpass $600M in marketcap, the price has retraced.
Currently, the marketcap stands at $400M and is down by nearly 30% in the past 30 days.
However, the price of LUNC is in the green zone as of writing, up 2%, while trading volume has increased by 7%.
Whether this is enough sentiment to push the price back to May levels remains to be seen.