#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
Aergo community released the proposal "Migrating HPP L2 infrastructure to ARB Stack"
According to Mars Finance, on May 23, the Aergo community released a proposal to "migrate the HPP L2 infrastructure to the ARB technology stack." The proposal suggests moving the House Party Protocol (HPP) L2 infrastructure from the OP Stack to the Arbitrum Stack. This suggestion is based on a technical and economic reassessment, believing that the ARB Stack is superior to the OP Stack mentioned in AIP-21 in terms of long-term scalability, cost-effectiveness, and ecosystem synergy. Currently, the proposal has a support rate of 100%.