#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
Stack launches sBTC Cap-2, increasing the total deposit limit to 3000 BTC
Odaily Planet Daily News Stack announced the launch of sBTC Cap-2 today, increasing the deposit limit by 2,000 BTC on top of the existing 1,000 BTC limit, with a total capacity of 3,000 BTC. Earlier news, sBTC was launched on Stacks Mainnet in December last year, backed 1:1 by BTC, aiming to unlock access to BTC Decentralized Finance.