Pi Network Just Clarified Its Big Stablecoin Plans: Here’s What Pioneers Should Know

1 hour ago 1



We will also take a look at what happened with the native token's price during the latest market-wide correction. The Core Team has finally provided a clear explanation of how stablecoins could be integrated into the broader ecosystem following the major partnership with Open Standard announced last week. Pi Network made one thing certain: it intends to keep PI as the main cryptocurrency. PI and Stablecoins In the new update published earlier this week, the team said stablecoins could support use cases where predictable pricing is particularly important, including commerce, payments, accounting, and settlement. However, their role would be deliberately narrower than that of the native token PI, which is expected to remain the primary digital asset across all network processes. As we reported at the beginning of the month, Pi Network first announced it would dip its toes in the stablecoin market by exploring reward programs for Pioneers and broader OUSD utility through its new partnership with Open Standard. OS includes more than 200 participants across finance, payments, technology, and crypto. Pi explained that stablecoins could bring more economic activity inside its ecosystem ra...

Read Entire Article