US CPI-linked stablecoin USDi launched...Inflation hedge begins in earnest

A new form of dollar-based stablecoin 'USDi', whose value is adjusted according to the US Consumer Price Index (CPI) increase rate, has been launched. According to Bloomberg, USDi is a project co-founded by two experts in inflation and derivatives, managing reserves through a fund that holds a variety of assets including US treasuries, foreign exchange, commodity futures, and options.

Unlike existing stablecoins that simply fix the dollar value, USDi is designed to be adjusted according to inflation. Co-founder Michael Ashton stated, “The core of USDi is to help maintain investors' purchasing power even amidst inflation,” and announced, “We plan to support swap functions with Ethereum-based USDC in the future.”

This launch comes as interest in stablecoins as a means of protecting real value in the digital asset market is increasing. Especially in an environment where the Federal Reserve's interest rate policy uncertainty and price pressures are continuing, USDi is drawing attention as a new inflation hedge.