Instantly Soaring TIA Trading Volume Surges 10 Times

The US Department of Commerce released data on Thursday showing that the PCE price index in May recorded an annual rate of 4.1%, the first time since April 2023 that it exceeded 4.0%. The Middle East conflict has pushed up energy prices, while consumers are also dealing with price increases caused by Trump's large-scale import tariffs. The Federal Reserve kept interest rates unchanged in the range of 3.50% -3.75% last week, and updated quarterly forecasts show that policymakers expect to raise rates this year. The financial market is betting on raising interest rates as early as September, and there will be another rate hike thereafter.

According to The Block, Spark and Uniswap have launched the stablecoin exchange system FX Layer, aimed at reducing institutional stablecoin trading slippage through shared liquidity pools. Spark will migrate $150 million from the USDS ecosystem to Uniswap v4, establishing a liquidity foundation for USDS, Tether's USDT, and PayPal's PYUSD. FX Layer acts as a shared liquidity and trading infrastructure on Uniswap v4, enabling stablecoin issuers to access a common system, Spark manages liquidity as an orchestration layer, and Uniswap provides a programmable AMM architecture.

The Tether asset interoperability protocol USDT0 Network has achieved a total cross-border transfer volume of over 100 billion US dollars, making USDT0 the fastest project in history to reach a cross chain stablecoin transfer scale of 100 billion US dollars within 525 days. About 6.5 million active wallets use USDT0 as the settlement infrastructure, and the network's cumulative token turnover speed reaches about 27 times. USDT0 indicates that the demand for AI agent trading and institutional cross chain settlement is growing, and the demand for all-weather, low friction, and unified settlement systems is on the rise.

After Mythos' access was cut off, the EU held talks with the White House on Anthropic related matters.

According to the Mexican Government Gazette, Mexico will extend the anti-dumping duties on imported carbon steel pipes from the United States for five years.