#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
TON blockchain partners with Axelar to advance interoperability
BlockBeats news, on October 16, according to The Block, the TON Foundation has selected Axelar's Mobius development stack as its preferred interoperability solution, aiming to enhance the connectivity of the TON blockchain with other chains. TON developers plan to deploy MDS to achieve asset transfer between TON and other blockchains and support the development of Cross-Chain InteractionDecentralization applications. The integration also aims to prevent Liquidity fragmentation, ensuring that assets will not be isolated on different on-chain.