The authors present the control principle of the multiphase interleaved DC-DC converter that can be used to vastly reduce output current ripple of the converter. The control algorithm can be easily implemented by using microcontroller without current loop in each phase. The converter works in discontinuous conduction mode (DCM) but close to boundary conduction mode (BCM). The DC-DC converter with such a control algorithm is useful in applications that do not require precise current adjustment. The prototype of the converter has been built. The experimental results of the current ripple are presented in the paper.