(Bloomberg) — As the US economy veered toward the biggest inflation shock in four decades, investors flocked to the one corner of Wall Street that seemed a sure-fire refuge: Treasuries that prov...
Tag: Inflationlinked
Inflation-linked stablecoin from Frax Finance is a big deal, here’s why
Frax Finance will soon launch the Frax Price Index (FPI) token, expanding the firm’s suite of protocol offerings. FPI is unique in that it’s the first stablecoin to track the U.S Consumer Price Index ...