#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
Cross-Chain Interaction engine and Liquidity protocol Symbiosis receive support from TON Foundation
Jinse Caijing reported that the Cross-Chain Interaction engine and Liquidity protocol Symbiosis have received support from the TON Foundation, with the specific amount yet to be disclosed. The TON Foundation will assist in enhancing its attractiveness in the Primary Market. It is reported that ZKsyncToken ZK is now listed on Symbiosis, allowing users to conduct Cross-Chain Interaction Swaps on 30 long Block chain networks. Its WebApp will add support for even more long Block chain networks, and the new funds will be used to continue advancing its Cross-Chain Interaction Liquidity protocol.