#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
Lido will introduce a dual governance mechanism aimed at drop governance risks.
ChainCatcher news, Lido announced on platform X that it will launch a dual governance mechanism. The dual governance mechanism is a dynamic time-lock mechanism that allows stETH holders to opt out of the Lido protocol on Ethereum when facing controversial Lido DAO governance proposals.