#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
Solvprotocol introduces Chainlink Proof of Reserves to enhance its BTC asset transparency
BlockBeats news, on February 12, Solv protocol announced the adoption of Chainlink Proof of Reserves to enhance the transparency and security of its BTC reserves. The Proof of Reserves will provide real-time reserve data for all assets of Solv protocol, including SolvBTC and various LST assets, ensuring asset transparency. It is reported that the total locked amount of Solv protocol has been rising recently, with the total locked BTC surpassing 27,000 coins, worth over 20 billion US dollars.