#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
Manta collaborates with Symbiotic to launch Fast Finality
ChainCatcher message, modular L2 Manta Network has undergone a major upgrade in terms of performance and security. Manta Network officially announced a partnership with Symbiotic to achieve Fast Finality through Symbiotic, breaking the 3-7 day withdrawal challenge period limit of Optimistic Rollup and enabling instant withdrawals, enhancing the user experience of Manta CeDeFi, Cross-Chain Interaction, and other products. This function will be secured by re-staking the native token $MANTA. Users are supported to cross-chain interact the MANTA token to participate in Symbiotic staking on the Ethereum mainnet, and earn points and potential airdrops. Currently, Symbiotic is the second-largest shared security protocol after Eigenlayer.