Iran war oil-price shock revives inflation trade and a new stablecoin play
Burns Brief
As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch for volume confirmation — a breakout above average volume would signal the trend is likely to continue.
As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that.
Key Takeaways
- As oil shocks revive investor anxiety, stablecoins solved payments, but not purchasing power, says Michael Ashton, who's USDi token aims to fix that