#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
Startale CEO: Astar zkEVM transition to Soneium Phase 2 has started execution and is considering potential development directions for ASTR
Odaily Planet Daily News Startale CEO Sota Watanabe wrote in a post on X: 'We announced the transition from Astar zkEVM to Soneium a month ago. One of the most common questions we received was about the future direction of Astar and the role of ASTR Token. This transition represents the first stage of Astar Evolution. The second stage has been determined by the Astar Foundation, and we are now entering the execution phase.' The core stance is that we are fully committed to Soneium, and Astar will be closely integrated with the success of Soneium. Considering that Startale is developing Astar Network and Soneium, this is a natural thing. Here are some potential development directions we are considering and would like to discuss with the community: 1, ASTR as an ecosystem asset; 2, ASTR as Decentralized Finance asset; 3, ASTR as the currency in the consumer application with AA; 4. ASTR is used to improve the security of Soneium infrastructure.