#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
#GateOpinionQuest# #AVAIL#
Avail, a project focused on improving blockchain scalability by optimizing data availability, reached a significant milestone today. Avail DA releases the Data Availability (DA) mainnet and the native AVAIL token to enable developers to build more scalable, cost-effective, and composable blockchains.
Avail DA aims to optimize data availability and provide more control and flexibility to developers by offering a modular blockchain solution. This resolves data availability issues encountered in traditional blockchains, enabling faster and more reliable transactions.
Data Availability Sampling (DAS): Uses evidence of validity for quick data verification.
Nominated Proof-of-Stake (NPoS): Distributes staked tokens among validators to prevent centralization.
Scalability: It starts with 1,000 validators and aims to expand up to 10,000.
https://www.gate.io/trade/AVAIL_USDT