#May CPI Incoming#
This Wednesday, the U.S. will release May CPI data — a key test for rate cut expectations. Cleveland Fed forecasts 2.4% YoY CPI (up from 2.3%), with core CPI flat.
💬 If inflation beats expectations, will the Fed still cut in June? Will you stay on the sidelines or take early action?
#Tech Giants Eye Stablecoins#
Apple, Google, Airbnb, and X are in talks to integrate stablecoins into their payment systems, aiming to cut fees and streamline global payments. Following Circle’s IPO surge, stablecoins are quickly gaining traction across tech and finance.
💬 Could stablecoins be
Stripe has developed a new product based on stablecoin, which has entered the testing phase.
Gate news bot message, payment company Stripe is developing new products based on its acquisition of the stablecoin service platform Bridge. Developer Jen Kim revealed that the product has entered the testing phase and the team is collecting user feedback. The product is mainly targeted at markets outside the US, EU, and UK. According to TheBlock, specific functional details of the product have not yet been disclosed.