#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
Odaily Planet Daily News Decentralized lending protocol Silo announced the launch of the OP Mainnet on X. With a deposit of $1.3 million, Silo Optimism started the initial OP distribution in 9 markets, including OP, wstETH, wBTC, tBTC, rETH, strxeth, VELO, sUSD, and SNX, where users can deposit in any market to borrow ETH and USDC.
In stage 1, 100,000 OP will be allocated to the initial market. Over the next 60 days, the official team will launch a series of new markets and optimize incentive distribution based on protocol revenue indicators.
The remaining 150,000 OP will be allocated in the second phase, during which rewards may be rebalanced based on historical activities. New markets will also be launched and may be included in the incentive category.