#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
Mantra announced the discontinuation of MCA6 and plans to halve the number of internal validators in Q2.
Golden Finance reports that Mantra has announced on the X platform that significant governance improvements are currently being made to the MANTRA Chain, focusing on the decentralization of validators. Starting today, MCA6 will be disabled. Additionally, by the end of the second quarter of 2025, the number of internal validators will be reduced by half, and the next batch of external partners will be introduced.