Iran war oil-price shock revives inflation trade and a new stablecoin play

As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that. What to know : USDi, co-founded by Michael Ashton and Andrew Fately, is an inflation-linked stablecoin designed to preserve purchasing power rather than track a nominal dollar. Ashton argues stablecoins solved payments, but failed to provide a true store of value, leaving crypto’s monetary system incomplete. The token could enable customized inflation hedging across health care and tuition, with insurers and institutions seen as key early adopters.