#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
Lido: The DVT technology module supported by SSV.Network is now deployed
According to Jinse Finance, Lido announced that the Simple Distributed Validator Technology (DVT) software module supported by SSV.Network has been deployed and is ready for deposit. The team stated: "The Simple DVT module aims to diversify the Node operators connected to the Lido protocol and utilize the protocol while enhancing elasticity, distribution, and security. This development also lays the foundation for more scalable and permissionless DVT-based modules in the future. This release represents an important step towards a more decentralized, secure, and accessible ETH staking ecosystem, and may have a chain reaction on the entire encryption field."