#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
Cygnus announces a partnership with Omni Network aimed at simplifying the user experience.
According to Mars Finance, Cygnus announced a strategic partnership with the chain abstraction layer Omni Network on the X platform. Cygnus pointed out that by integrating Omni Network's SolverNet technology, both parties will promote a common vision: simplifying user operation experience and Liquidity routing, and solving the fragmentation issue of the multi-chain ecosystem.