#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
RLUSD Hits $25M Supply in Just 24 Hours After Euler Finance Listing
Ripple’s stablecoin, RLUSD, was recently listed on the top Defi platform, Euler Finance. Users can now borrow, lend, and use RLUSD as collateral. In just 24 hours of its launch, it has already surpassed $25 million in supply.