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New USDi Stablecoin Pegged Against US CPI and Inflation Data

New USDi Stablecoin Pegged Against US CPI and Inflation Data

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-04-15 20:52:40
0
Michael Ashton, a derivatives trader, has announced USDi, a new stablecoin designed to minimize exposure to inflation risk by being pegged against US CPI and inflation data. With friendly US regulation spurring a potential boom in stablecoin trading volumes, USDi aims to offer an asset that maintains purchasing power. However, it faces intense competition in the stablecoin market and will need strong early traction to succeed.
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