#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
OP Labs: Will suspend withdrawals from the Superchain network's Mainnet.
According to ChainCatcher news, OP Labs will test the improved Superchain event response function today at 14:30 (UTC). As a result, the Mainnet withdrawals of the Superchain network will be paused for about 20 minutes. However, this will not affect any deposit transactions from L1 to L2 or L2 transactions. Users or operators do not need to take any action.