#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
Conflux Foundation launches a $500 million incentive plan to drive PayFi ecosystem development
BlockBeats news, on November 11, according to official sources, the Conflux Foundation announced the launch of an incentive program to promote the development of the PayFi ecosystem on Conflux. The Conflux Foundation will inject 5 billion dollars from the ecological fund to support the rise of PayFi technology stack components.