#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
Kakao and LINE team up to launch L1MainnetKaia on Mainnet.
Jinse Finance reported that the first layer blockchain Kaia officially launched its Mainnet last Thursday. The project is a collaboration between Kakao and LINE, the messaging giants in South Korea and Japan, and is a merger of the first layer blockchain Klaytn and Finschia, which they previously launched. Kaia Builder will draw on Telegram's TON blockchain strategy to create native dApps that can be directly integrated into the LINE communication program using a trap available SDK and API.