#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
Ethena PT has integrated Aave, supporting high-yield circular lending and providing double rewards.
PANews reported on April 30 that Ethena Labs announced that users can now collateralize eUSDe May Pendle PT on Aave, and sUSDe July PT will also be launched. This move marks the first time in DeFi that billions of dollars in PT assets are incorporated into the mainstream lending market, supporting operations at an interest rate of around 4%. Users can achieve an annual percentage rate of approximately 25% with 5x leverage. Additionally, within the next month, eUSDe and USDe PT deposits will receive 2x Ethena rewards, while sUSDe PT will receive 1x rewards.