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Good News! World Bank Approval of Stablecoins: Pi Network in the Spotlight - hokanews

 

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Good News! World Bank Approval of Stablecoins: Pi Network in the Spotlight - hokanews



hokanews.com - In an era where digital currencies are increasingly dominating the global stage, recent news from the Bank for International Settlements (BIS) has created waves among crypto enthusiasts. The latest BIS report reveals that the World Bank has granted approval for only two stablecoins in the context of cross-border payments: XLM (Stellar) and XRP (Ripple Coin). This news particularly highlights the role of Pi Network, currently supported by Stellar.


Spotlight on Pi Network: Backed by Stellar


In the context of the World Bank's approval, Pi Network garners attention with its primary support from Stellar (XLM). This marks a significant stride for the overall crypto ecosystem, showcasing that projects with robust support can play a key role in stable and trustworthy cross-border payments.


Delving into Strategic Decisions: XLM and XRP as Top Choices


The World Bank's decision to approve only XLM and XRP as stablecoins for cross-border payments indicates a strategic policy to address the volatility of digital currencies. XLM and XRP are known for their stability, allowing users to conduct cross-border transactions without worrying about significant value fluctuations.


Mature Support: Did Pi Network Plan Everything a Decade Ago?


As we look back, an intriguing question arises: Was everything arranged a decade ago? This statement creates an aura of readiness and long-term planning, questioning whether Pi Network had a mature plan that allowed it to gain support from Stellar and, ultimately, recognition from the World Bank.


Stablecoins: The Right Choice for Cross-Border Payments


The World Bank's choice of stablecoins like XLM and XRP demonstrates that value stability is a key factor in cross-border transactions. In an evolving world where speed and reliability are top priorities, stablecoins provide a reliable solution for efficient cross-border payments.


Positive Wave in the Community: Pi Network and Support from Stellar


This undoubtedly positive news creates a wave of positivity within the Pi Network community. Support from Stellar not only adds value to Pi Network as a crypto project but also strengthens the community's confidence in the project's potential to be a leader in the cross-border payment paradigm shift.


Steps Toward the Future: Unveiling Plans Made a Decade Ago


In the spotlight of hindsight, the steps taken by Pi Network and the support from Stellar suggest that perhaps everything was arranged a decade ago. This achievement provides inspiration for other crypto projects to plan and look far ahead, creating a strong foundation for future advancements.


Anticipating the Future: How Pi Network and Stellar Will Evolve

Image source Twitter/X


With the World Bank's approval for XLM and XRP, the next steps for Pi Network and Stellar become intriguing to observe. How will they leverage this support and design a better future for cross-border payments?


Potential for Mass Adoption: Addressing Cross-Border Payment Challenges


With the World Bank's support, Pi Network and Stellar have the potential for mass adoption. The value stability of XLM and XRP is crucial in overcoming challenges faced by cross-border payments in both traditional and volatile crypto currencies.


Continuous Innovation: Pi Network's Forward Steps


How will Pi Network leverage this support to continue innovating and providing added value to users? What strategic steps will Pi Network take to strengthen its position in the crypto ecosystem?


Pi Network and Stellar in the Global Spotlight


With the World Bank's approval, Pi Network and Stellar enter the global spotlight as key players in cross-border payments. These steps not only provide recognition for the project's stability and reliability but also inspire other crypto projects to plan and realize their long-term visions.


Celebrating Achievements: Together Toward a Connected Future


In conclusion, let's celebrate the achievements of Pi Network and Stellar in gaining approval from the World Bank. The future of more connected and efficient cross-border payments seems closer, and Pi Network and Stellar are integral parts of this change. Let's welcome this potential-filled future with enthusiasm and confidence.

Bank for International Settlements (abbreviation: BIS), published a new report:


The World Bank has only approved 2 Stablecoins for cross-border payments


That is #XLM (Stellar) - XRP (Ripple Coin)


So $Pi is currently supported by #Stellar ⚔️


Everything seems to have been arranged ten years ago. Let's prepare to celebrate together ⚡️


#PiNetwork #PiExchange #XLM #XRP #Stellar #OpenMainnet


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Image source Twitter/X

Source: Pi_Exc