CPI Stablecoins: 3 Coins Ranked by Risk
3 tracked stablecoins pegged to CPI. Compare peg stability, liquidity, risk, and leading symbols like FPI and ISC.
About CPI stablecoins
CPI-pegged stablecoins (variable pegs) are designed to preserve purchasing power by tracking inflation indices rather than a fixed fiat price. Their target price appreciates over time as inflation accrues. Pharos monitors their peg performance relative to their variable target. Pharos currently maps 3 tracked stablecoins in this currency bucket. Top tracked names include Frax Price Index (FPI) and International Stable Currency (ISC). CPI and index pegs intentionally move with a reference index, so the key question is whether the target definition, oracle path, and redemption mechanism remain credible.
CPI risk review starts with crypto backing and cefi-dep governance, the largest categories in this cohort. 2 tracked coins in the cohort can be directly frozen or denylisted.
| # | Name | Price | Peg | Market cap | 24h | 7d | Grade | Peg Score | Liq | Blacklist | Mint Score | Backing | Type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
CPI stablecoins at a glance
Registry facts for all 3 tracked CPI stablecoins, in registry order. These are design facts, not live data; the live table above carries market and risk figures.
| Stablecoin | Backing | Governance | Freeze capability | Launched | Chains |
|---|---|---|---|---|---|
| Frax Price Index (FPI) | Crypto-Collateralized | CeFi-Dependent | Possible | 2022 | 3 |
| Unitas Gold (xGLD) | Crypto-Collateralized | Centralized (CeFi) | Issuer can freeze | Not recorded | 4 |
| International Stable Currency (ISC) | Real-World Asset Backed | CeFi-Dependent | Issuer can freeze | Not recorded | 1 |
Former CPI stablecoins
Frozen profiles and cemetery records for this peg, newest first.
How to use this directory
Treat the CPI cohort as a starting filter, then verify the live risk surfaces that move fastest: coverage, peg history, liquidity, reserves, and dependency exposure.
More stablecoin hubs
Move laterally into related taxonomy pages without going back to the homepage.