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The US Federal Reserve's overnight reverse repurchase agreement (RRP) usage on Tuesday was $1.0721 billion (5 counterparties), compared to $58.1 million in the previous trading day.

About two-thirds of the withdrawn funds are used to avoid home foreclosure or eviction, or to pay medical expenses, accounting for 36% and 31% respectively. Expand

Odaily reports that SwapSpace, in collaboration with Baltex and SecureShift, has launched a "Privacy Exchange" feature, offering a confidential mode for cryptocurrency trading. This feature uses alternative exchange routes to help reduce direct links between wallet activity and public blockchain transaction records. Eligible quotes will be labeled "Private" and can be compared alongside standard quotes. Main advantages include greater user control over on-chain activity visibility; the ability to compare privacy and standard quotes; competitive privacy quote fees; and support for thousands of cryptocurrencies and multiple blockchain networks. It is suitable for asset rebalancing, wallet-to-wallet transfers, and everyday transaction management. SwapSpace has also launched a 1,500 USDC prize pool campaign. From June 16 to 30, users can earn experience points (XP) by completing exchanges in privacy mode. At the end of the campaign, rewards will be distributed to the top 50 participants. SwapSpace is a cryptocurrency exchange aggregation platform with more than 45 partners and 3,300 cryptocurrencies. Since 2019, it has been providing fast exchange services at optimal market rates without additional markups.