Pi Network Achieves Major Milestone with MEXC Listing of PI/USD1 Trading Pair

In a significant development for the Pi Network community, cryptocurrency exchange MEXC has officially listed the PI/USD1 trading pair, marking a pivotal step in Pi's journey toward establishing real-world value. The listing, which went live on May 27, 2025, at 06:00 UTC, allows users to trade Pi against USD1, a stablecoin backed by U.S. Treasury securities and other cash equivalents.

Understanding USD1: A Stablecoin with Institutional Backing

USD1 is a fiat-backed stablecoin launched by World Liberty Financial (WLFI), a company co-founded by members of the Trump family. The stablecoin is fully collateralized with short-term U.S. government treasuries, U.S. dollar deposits, and other cash equivalents, with reserves managed and custodied by BitGo Trust Company, a qualified custodian regulated by the South Dakota Division of Banking. 

Since its launch in early March 2025, USD1 has rapidly gained traction, achieving a market capitalization of $2.2 billion, making it the fastest-growing stablecoin globally. 

Implications for Pi Network

The listing of the PI/USD1 trading pair on MEXC signifies a growing recognition of Pi as a legitimate digital asset within the cryptocurrency ecosystem. By pairing with a stablecoin like USD1, Pi gains a more stable trading environment, potentially attracting a broader range of investors and users.

Moreover, the association with USD1, a stablecoin backed by U.S. government securities and managed by a reputable custodian, adds a layer of credibility to Pi's market presence.

Market Reaction

Despite the positive news, Pi's price experienced a slight dip of 2.23% to $0.75326 on the day of the listing. This fluctuation is not uncommon in the volatile cryptocurrency market, especially following significant announcements.

$PI and $SOL have made it to the USD1 Zone! Shoutout to @PiCoreTeam and @solana

🗳️ The next round of voting is on the way!

Big thanks to everyone who voted, now enjoy 0 trading fees in the #USD1 Zone 👇 https://t.co/DrIP0I6FSw

— MEXC (@MEXC_Official) May 27, 2025

Looking Ahead

The listing of the PI/USD1 trading pair on MEXC represents a significant milestone for Pi Network, signaling its transition from a grassroots initiative to a recognized player in the global cryptocurrency landscape. As Pi continues to develop its ecosystem and expand its user base, further integrations and listings are anticipated, potentially enhancing its utility and adoption.

Writer @Erlin

Erlin is an experienced crypto writer who loves to explore the intersection of blockchain technology and financial markets. She regularly provides insights into the latest trends and innovations in the digital currency space.

 

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