#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
Pendle PT has officially launched as collateral on the Aave Core Market, with approximately $162.2 million in funds deposited.
BlockBeats news, on May 1st, according to official news, Pendle PT has officially launched as a Collateral on Aave Core Market. Within hours of its launch, the subscription for the $150 million capacity was sold out. The capacity has now been increased to $250 million, with approximately $162.2 million in Pendle PT Collateral deposited, accounting for 65% of the total capacity. Pendle PT is becoming a high-quality Collateral in various lending markets while providing secure and stable fixed income.