Odaily Planet Daily News Two veterans in the field of inflation protection and foreign exchange derivatives in the United States have launched the US dollar stablecoin USDi, whose value is determined by the growth of the US Consumer Price Index (CPI) since December 2024. As of April 15, its value was $1.00863. According to Michael Ashton, who started his inflation-proof investment career at Barclays Bank in the early 2000s, USDi is equivalent to the principal of TIPS, or in theory, similar to an inflation-proof savings account. According to a statement from USDi Partners LLC, the token will have the same purchasing power as the US dollar in December 2024. USDi will mint and destroy tokens at their marked value, which, like the principal of TIPS, will depend on the CPI of the day. (Bloomberg)