#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
Founder of Permissionless Labs: Pipe Network is in private testing phase and will soon announce Testnet information
On September 21st, at the Solana 2024 Breakpoint conference, David Rhodus, founder of Permissionless Labs, stated that Pipe Network is in the private testing phase and will soon announce Testnet information. Users can join by running Pipe POP Node or using Pipe CDN.