In April 2022, Frax released FPI as an inflation-pegged stablecoin, which tracks the US 12 month Consumer Price Index for All Urban Consumers (CPI-U) as reported by the BLS. The CPI-U measures the cost of a basket of goods, including food, energy, vehicles, medical care, etc
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://blockworks.co/news/crypto-hedge-fund-trends-2023
- 2022
- a
- All
- April
- basket
- Blockworks
- care
- consumer
- consumer price index
- Consumers
- Cost
- crypto
- energy
- food
- Frax
- funds
- goods
- hedge
- Hedge Funds
- HTTPS
- Including
- index
- measures
- medical
- medical care
- Month
- Outperform
- plato
- Plato Data Intelligence
- PlatoData
- price
- released
- report
- Reported
- stablecoin
- The
- urban
- urban consumers
- us
- Vehicles
- which
- zephyrnet