Gate.io Suggested Topics Posting Event: #CPI Data Drops#
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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!
Event Time: April 11, 6:00 AM - April 12, 6:00 AM UTC
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Tether CEO: Considering the creation of a new compliance stablecoin registered in the United States.
Golden Finance reports that Tether CEO Paolo Ardoino stated that he does not mind USDT being banned in the U.S. due to new regulatory regulations. Tether is actively considering creating a new stablecoin registered in the U.S. and will comply with the upcoming U.S. stablecoin laws. "We need two products with different value propositions." Ardoino believes that USDT is more suitable for emerging markets and stated that USDT may no longer dominate in the U.S. and Europe in the future.