#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
Nest integrates OpenTrade to strengthen RWA yield products on Plume Network
Odaily Planet Daily News Plume Network's flagship stakeprotocol Nest announced today that it has completed integration with OpenTrade, aiming to enhance the advantages of its RWA income products. Through this integration, Nest users can earn institutional-level returns through secure borrowing and lending fully backed by high-quality financial assets such as U.S. Treasury bonds, providing a safe and efficient way for yield generation. With this integration, Nest users can earn returns generated by high-quality financial assets from OpenTrade when depositing stablecoins into Nest's yield-generating treasury. This partnership leverages OpenTrade's expertise in stable returns of traditional financial instruments on-chain, enabling users to easily and securely benefit through Nest. It is reported that OpenTrade is an institutional platform focusing on RWA-backed lending and stablecoin yield products.