#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
Alchemy Pay successfully registered as Visa Ramp Provider program
ChainCatcher News, encryption payment company Alchemy Pay has successfully registered with Worldpay, a payment giant under FIS, in Visa's newly launched Ramp Provider program. The program aims to provide a Compliance framework for third-party Ramp service providers to conduct Fiat Currency and Cryptocurrency conversion. Alchemy Pay previously announced a strategic partnership with Worldpay to use Worldpay's Visa and Mastercard payment channels on its Ramp product.