Inflation Adjusted USDS (IUSDS)
Inflation Adjusted USDS (IUSDS)
0.308001
Circulating 714,884.00
Total Supply 12,126,538.17
Max Supply 0.00

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  • Ethereum avalanche-0x8861f5c40a0961579689fdf6cdea2be494f9b25a
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Inflation Adjusted USDS Price Today (Iusds Price Today)
Spice Trade protocol is introducing a new revolutionary concept: A stable coin that automatically adjusts and protects against inflation. On a monthly basis, as U.S. Bureau of Labor Statistics releases CPI data, the peg for iUSDS adjusts to account for inflation (or deflation). The goal here is to create a stable coin that maintains the relative purchasing power of USD. The formula is as follows: Peg (iUSDS) = $1 / Buying Power Coefficient where Buying Power Coefficient (or BPC) = CPI as of January 2022 / Current CPI For example, as of May 2022, the latest CPl data published by BLS is for March 2022: March 2022: 287.504 January 2022: 281.148 Source: https://www.bls.gov/cpi/tables/supplemental-files/home.htm Therefore, Current BPC = 0.97789 and Peg (iUSDS) = 1/0.97789 = $1.0226 As BLS data updates over time, BPC gets updated based on a ramp up (or down) function to avoid sudden moves in the peg. Also read: Hati Hati Price USD
Frequently Asked Questions (Crypto FAQs)
The current price of Inflation Adjusted USDS (IUSDS) is USD 0.308001
24 Hours, High Price of Inflation Adjusted USDS (IUSDS) is USD 0 and Low price of Inflation Adjusted USDS (IUSDS) is USD 0
The total supply of Inflation Adjusted USDS (IUSDS) is 12126538.167159 and Circulating supply of Inflation Adjusted USDS (IUSDS) is 714,884.00
The trading volume of Inflation Adjusted USDS (IUSDS) is In the last 24 hours