Oil Shock Spurs Stablecoin Innovation for Purchasing Power

The resurgence of oil price volatility, driven by geopolitical tensions, is reigniting investor concerns about inflation. While stablecoins have proven effective for payment solutions, their ability to maintain purchasing power amid rising prices remains a challenge. Michael Ashton's new USDi token aims to address this specific issue, offering a potential solution for users seeking to preserve the value of their digital assets in an inflationary environment. This development highlights the ongoing evolution of stablecoin technology to meet diverse economic needs.