#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
USDD achieves TVL exceeding supply thanks to a 20% interest rate.
A post on X indicated that the USDD stablecoin issued by TRON DAO currently has a TVL of 409.71 million USD, surpassing the total supply of 374.05 million USD — a rare sign of high market confidence as the amount of assets locked exceeds the issuance.
USDD stands out with an APY of up to 20% for stakers, along with features such as cross-chain support, a staking mechanism, and ecosystem integration. Although it has a similar algorithmic design to Terra's UST, USDD focuses on real utility rather than creating hype.
On-chain data shows that the acceptance of USDD is steadily increasing without the need for a large media campaign. However, the controversial past of TRON and Justin Sun still raises questions among some investors about the long-term stability of the project.