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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
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Hong Kong stablecoin issuer IDA integrates Chainlink to enhance transparency of Hong Kong Dollar stablecoin HKDA
Golden Finance reported that Hong Kong stablecoin issuer IDA announced the integration of Chainlink to enhance the transparency of the Hong Kong dollar stablecoin HKDA. It is reported that IDA intends to use Chainlink's tokenization asset standard service, including Chainlink's proof of reserve (PoR) for verifying asset collateral and Chainlink's Cross-Chain Interaction interoperability protocol (CCIP) for secure data and value transfer across chains, enabling HKDA stablecoin to securely move across multiple on-chain blocks.