#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
Gearbox: GEAR token has been fully unlocked, with 39.8% of the supply held by DAO.
Odaily Planet Daily News Modular Leveraged protocol Gearbox announced on the X platform that Token GEAR has been fully unlocked, with 100% circulation. 39.8% of the supply is held by DAO, with only about 3% released annually for various plans and rewards. It is reported that, with the reduction of Token incentives, the TVL increased from $17 million in 2023 to $83 million in 2024. The new Gauges mechanism introduced in V3 realizes the democratic decision-making of borrowing Intrerest Rate. Currently, over 2.8% of GEAR has been staked. DAO generated approximately $3 million in revenue in 2024, with only $486,000 spent on Token incentives.