#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
Ripple's acquisition target Hidden Road launches Crypto Assets OTC swap trading services in the United States.
PANews reported on May 30 that, according to Cointelegraph, Ripple's acquisition target Hidden Road has launched a crypto assets over-the-counter Swap trading service in the United States, allowing institutional investors to conduct cash settlement Block Trading. This service is operated by a UK FCA regulated entity and covers a variety of mainstream crypto assets. Ripple announced in April 2025 that it would acquire Hidden Road for $1.25 billion, and Hidden Road has obtained the US FINRA broker-dealer license and the EU MiCA license.