#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
Solayer launches development network InfiniSVM Devnet
According to Golden Finance, Solayer, a Solana re-staking platform, has launched the development network InfiniSVM Devnet, which supports more than 1 million TPS (transactions per second) and millisecond-level transaction confirmations. InfiniSVM is fully compatible with the Solana Virtual Machine (SVM), allowing developers to seamlessly migrate Solana applications and use tools such as the Solana CLI, Web3.js, and Anchor. Developers can connect to the Devnet through public RPC endpoints for testing and development.