#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
Multicoin Co-founder: Next year, the total revenue of Helium, Hivemapper, and io.net is expected to exceed 100 million U.S. dollars
Odaily Planet Daily News Multicoin Capital co-founder Kyle Samani said in a post on X that Helium, Hivemapper, io.net currently generate a total revenue of over 50 million US dollars. By 2025, the revenue of these three projects will exceed 100 million US dollars. In addition to many other DePIN projects on the Solana chain, 2025 will be remembered as a breakthrough year for DePIN. Earlier today, Messari analyst Dylan Bane posted on X, stating that according to Messari's prediction, next year the DePIN industry's revenue will exceed 150 million U.S. dollars. By 2024, the supply side of DePIN has been established, but the income of the demand side is limited, and the DePIN model cannot be verified. In this year, several protocols have generated seven or even eight-figure revenue, indicating that DePIN has the potential to capture the demand that has so far constrained growth.