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Unveiling the Future of Pi Blockchain: Stellar Integration and Steps Towards Open Mainnet - hokanews

hokanews.com - Following the development roadmap and previous analyses, 182 countries have issued Central Bank Digital Currency (CBDC) assets on Stellar, with 20 Stablecoin projects published within the SEP-24 protocol ecosystem. This aligns with the goals set by Nicolas and the Pi Core Team.


Unveiling the Future of Pi Blockchain: Stellar Integration and Steps Towards Open Mainnet - hokanews

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Blockchain Pi is set to upgrade the V20 protocol by integrating Stellar Ecosystem Proposals (SEPs) and Coreteam Airdrops Proposals (CAPs), collecting account data verified by central banks worldwide. The aim is to match Pi KYC information with central bank KYC data to propel Pi Mainnet forward.


Confidently, I predict that 99% of the Pi Core Team will launch Open Mainnet as early as March 14, 2024, or at the latest by June 28, 2024.


Due to Pi's compliance with ISO 20022 standards, banks issuing digital currencies connected to Stellar V20 will be integrated into the Blockchain by the Pi Core Team for conversion. Subsequently, Pioneers (Pi Network users) can easily convert Pi Coin to CBDC. However, it's essential to note that national taxes must be paid.


Strategic Steps Towards Open Mainnet: Predicting Stellar and CBDC Integration in Pi Blockchain


Pi Network continues to forge ahead with its strategic steps, with integration with Stellar and CBDC taking center stage. In this article, we will delve further into recent developments and predictions for the future of the Pi Blockchain, including the integration steps taken to advance the project towards Open Mainnet.


    Stellar Integration and V20 Protocol Steps

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Exactly as given on the roadmap and previous analysis. 182 countries have issued CBDC digital assets on Stellar and 20 Stablecoin projects have been issued on the SEP-24 ecosystem protocol feature.  This is what Nicolas and Pi Coreteam aim for.


Blockchain Pi will upgrade the V20 protocol integrating SEPs and CAPs on Stellar, collating account data verified by central banks globally.  The reason for this is to match Pi KYC information and central bank KYC data to fully advance Pi Mainnet.


Here I can confidently predict that 99% of Pi Coreteam will launch Open Mainnet as soon as March 14, 2024 or at the latest June 28, 2024.

#PiNetwork #PiCoin

    With the planned upgrade of the V20 protocol covering SEPs and CAPs on Stellar, Blockchain Pi is in the process of collecting account data from global central banks. This is a crucial step to align Pi KYC information with central bank KYC data, bringing the project closer to the complete Pi Mainnet phase.


    Predicting Open Mainnet Launch


    With confidence, the prediction is made that the Pi Core Team will launch Open Mainnet on March 14, 2024, or at the latest by June 28, 2024. This creates high expectations within the Pi Network community, and this article will continue to monitor related developments.


    ISO 20022 Standard and Bank Integration


    Pi's compliance with the ISO 20022 standard opens the door for integration with banks issuing digital currencies on Stellar V20. This step will facilitate the conversion of Pi Coin to CBDC by Pioneers. However, it's crucial to remember that the obligation to pay national taxes is a significant part of this process.


    Predicting a New Era for Pi Network


    With all these strategic steps, Pi Network is heading towards a new era in its development. Integration with Stellar and CBDC demonstrates the Pi Core Team's commitment to making Pi Coin a globally recognized digital currency with real-world impact.


   Building a Promising Future for Pi Network


We envision a promising future for Pi Network, with Stellar and CBDC integration being the main drivers towards Open Mainnet. All eyes are on the predicted dates, and the Pi Network community eagerly welcomes a new phase in its journey.


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