#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
Celer collaborates with Oasys to support bridging the USDC standard, with the bridged asset token symbol as USDC.e
According to official sources, Oasys, a blockchain gaming ecosystem, announced its partnership with non-custodial asset bridging provider Celer to launch bridging support for the USDC standard on the Oasys blockchain, aiming to provide a potential upgrade path from bridged USDC to native USDC for eligible blockchains in the future. The Oasys ecosystem will deploy a new bridged USDC, called 'Bridged USDC (Celer)', following the Circle standard, to all developers and users. The bridged USDC token will be denoted as 'USDC.e' and will be supported at a 1:1 ratio by USDC locked in Ethereum-based smart contracts.