#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
Ant Financial Technology has launched Jovay, a Layer 2 Blockchain designed specifically for RWA transactions, utilizing a dual proof system of TEE and zk.
PANews May 1st news, Ant Group launched the Layer2 blockchain Jovay aimed at overseas markets, specifically designed for RWA transactions, supporting 100,000 TPS and a 100 millisecond response time. Jovay adopts a dual proof system of TEE and zk, allowing seamless integration with Layer1 blockchains such as Ethereum, facilitating the transformation of global new energy assets into tradable digital assets.