#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
Tether Gold launches multi-chain version XAUt0
Odaily News Tether Gold announced the launch of the multi-chain version XAUt0, as a full-chain deployment of Tether Gold. XAUt0 releases the world's largest gold-backed digital token Tether Gold onto the global blockchain through a frictionless full-chain liquidity layer. XAUt0 is built on the LayerZero full-chain fungible token (OFT) standard, allowing users to seamlessly and securely transfer gold across chains while ensuring 1:1 full support through the physical assets of XAUt.