#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
Vitalik: L2 cross-chain needs to achieve L1 level anti-censorship, trustlessness, and no intermediary characteristics.
In a ChainCatcher message, Ethereum co-founder Vitalik Buterin responded to Paradigm CTO Georgios Konstantopoulos's statement on the X platform that "cross-chain interoperability has been resolved at the infrastructure level," stating that it can only be considered "truly resolved" when cross-L2 operations can match L1 native ETH transfers in terms of censorship resistance, trustlessness, and the absence of intermediaries. Vitalik referred to this as the "no-regression principle," emphasizing that the new system must retain the core attributes of the original system; otherwise, it cannot be considered sufficiently complete.