#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
Data: Arbitrum, Ethereum, and Flare ranked in the top three for net inflows of funds through cross-chain bridges in the past 7 days.
According to ChainCatcher news and DefiLlama data, the net inflow of funds to Arbitrum cross-chain bridges reached 1.9 billion USD in the past 7 days, ranking first among all public chains. Following it are Ethereum and Flare, with net inflows of 166 million USD and 108 million USD, respectively. Berachain, Avalanche, and Solana had net outflows of $1.078 billion, $168 million, and $143 million, respectively.