Dark Mode
Large text article

Pi Network Unlocks Direct Fiat Access: A Game

In a major leap toward mainstream accessibility, Pi Network has officially launched a new feature in its Pi Wallet that allows users to purchase Pi Coin directly using fiat currency. Powered by integrations with Onramper and Banxa, this update enables seamless transactions via credit cards, Apple Pay, Google Pay, and other familiar payment methods. The move marks a pivotal moment in Pi Network’s journey from a mobile mining experiment to a fully functional digital economy.


HokaNews proavides global crypto news, analysis, and insights. Covering blockchain technology, DeFi, NFT, and digital finance trends for investors and enthusiasts worldwide.


Breaking Down the “Buy Pi” Feature

The newly released “Buy Pi” button within the Pi Wallet allows users to acquire Pi Coin without relying on third-party exchanges. This fiat on-ramp simplifies the process for newcomers and seasoned users alike, eliminating the need for complex crypto onboarding procedures.

By partnering with Banxa and Onramper—two leading fiat-to-crypto gateway providers—Pi Network ensures that transactions are secure, compliant, and user-friendly. The feature is currently rolling out to select users, with broader access expected in the coming weeks.

Why This Matters: Accessibility and Adoption

For years, Pi Network has focused on building infrastructure and community before entering the open market. This cautious approach has drawn both praise and criticism. However, the launch of direct fiat purchasing signals a shift toward mass adoption.

Key benefits of the new feature include:

  • Lower barriers to entry for non-technical users

  • Faster onboarding for new Pioneers

  • Reduced reliance on external exchanges

  • Improved liquidity and market participation

This update aligns with Pi Network’s broader mission to democratize access to cryptocurrency and integrate Web3 technologies into everyday life.

Market Reaction and Price Movement

Following the announcement, Pi Coin experienced a notable surge in value. On July 22, 2025, the token jumped by over 14%, reaching a local high of $0.5212 on the OKX exchange. Although early profit-taking led to a slight correction, the spike reflects renewed investor confidence and growing demand.

Trading volume also surged, with a 228% increase pushing daily activity to approximately $189 million. Market capitalization rose by 7.4%, surpassing $3.73 billion—a clear signal that Pi Network’s infrastructure upgrades are resonating with the broader crypto community.

Strengthening the Ecosystem

The “Buy Pi” feature is part of a larger wave of enhancements across the Pi Network ecosystem. Recent updates include:

  • Pi Node v0.5.3, which streamlines node setup and improves blockchain explorer integration

  • Expansion of KYB verification, adding Onramper and to the list of trusted entities

  • Rapid growth of Pi App Studio, with over 7,900 decentralized applications created in just weeks

These developments reinforce Pi Network’s commitment to building a robust, scalable, and decentralized infrastructure.

Community Response and Future Expectations

The Pi community—known as Pioneers—has responded enthusiastically. Social media platforms are flooded with screenshots of the new wallet interface, discussions about usability, and calls for a complementary “Sell Pi” button.

While not all users have access to the feature yet, the phased rollout suggests that Pi Core Team is prioritizing system stability and user experience. Community leaders have praised the update as a milestone toward Pi’s long-awaited Open Mainnet launch.

Regulatory Compliance and Security

By integrating with Banxa and Onramper, Pi Network ensures that fiat transactions adhere to global compliance standards. These partners bring robust KYC and AML protocols, helping Pi Network maintain its reputation as a secure and transparent platform.

This focus on compliance is especially important as Pi Network prepares for broader exchange listings and institutional engagement.

Conclusion: A Turning Point for Pi Network

The launch of direct fiat purchasing through Pi Wallet is more than a technical upgrade—it’s a strategic move that positions Pi Network for mainstream adoption. By removing friction, enhancing accessibility, and reinforcing its infrastructure, Pi Network is proving that it’s ready to compete in the global crypto arena.

As the ecosystem continues to evolve, this feature may become the gateway for millions of new users to join the Pi economy. And with momentum building, the next chapter in Pi Network’s journey could be its most transformative yet.


Writer @Ellena

Ellena 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.

 

 Check out other news and articles on Google News


Disclaimer:


The articles published on hokanews are intended to provide up-to-date information on various topics, including cryptocurrency and technology news. The content on our site is not intended as an invitation to buy, sell, or invest in any assets. We encourage readers to conduct their own research and evaluation before making any investment or financial decisions.


hokanews is not responsible for any losses or damages that may arise from the use of information provided on this site. Investment decisions should be based on thorough research and advice from qualified financial advisors. Information on HokaNews may change without notice, and we do not guarantee the accuracy or completeness of the content published.

Close Ads