PNC Bank and Coinbase announced a pilot program for corporate USDC payments, marking the beginning of traditional banks embedding stablecoin payments into real-world corporate banking processes. Meanwhile, the debate over US perpetual contracts is intensifying. The core controversy revolves around whether perpetual contracts should be subject to the futures regulatory framework or the stricter swap regulations. How should 24/7 trading, leverage, and automatic liquidation mechanisms be managed? BTC and ETH ETFs have seen net outflows for the past five full trading days. Tonight's US CPI is the most closely watched macroeconomic event.