#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
The Superchain ecosystem has granted three funds to Kroma, Derive, and Polynomial.
On November 5th, Superchain ecosystem announced that its Optimism grant batch 29 approved three new grants: 500,000 OP to Optimistic Rollup Kroma using zkEVM, 1,000,000 OP to Optionsprotocol Derive (formerly Lyra), and 450,000 OP to the derivative Superchain Polynomial. These OP grants will be used to incentivize developer growth and user participation in its ecosystem.