TransFi Joins Pi Network’s KYB List: Strengthening Global Access to Picoin

Pi Network continues to solidify its position as a leading Web3 platform by expanding its roster of verified business partners. In a recent development, TransFi has officially joined the Pi Network’s KYB-approved list, marking a significant step toward broader adoption of Picoin and enhancing the platform’s global payment infrastructure.

The announcement, shared widely across the Pi community and highlighted by content creator @Ketan_Patell, signals Pi Network’s ongoing commitment to building a secure, compliant, and scalable ecosystem. With TransFi now recognized as a KYB-verified entity, Pi Network users gain access to a trusted fiat on-ramp provider capable of bridging traditional finance with decentralized applications.

Understanding KYB in Pi Network

KYB, or Know Your Business, is a rigorous verification process implemented by the Pi Core Team to ensure that all business partners meet legal, regulatory, and operational standards. This process includes the submission of documentation proving business legitimacy, licensing, and compliance with local financial regulations. Only businesses that pass this verification are permitted to integrate with Pi Wallet and operate within the Pi Mainnet ecosystem.

The KYB framework is designed to protect users, prevent fraud, and ensure that the Pi ecosystem remains a safe and trustworthy environment for both individuals and enterprises. By maintaining a curated list of KYB-approved partners, Pi Network reinforces its reputation as a platform that prioritizes transparency and long-term sustainability.

Who Is TransFi?

TransFi is a global fintech company specializing in cross-border payments and fiat-to-crypto infrastructure. Operating in over 100 countries, TransFi supports more than 50 fiat currencies and offers access to over 200 local payment methods. Its flagship platform, BizPay, enables seamless integration between Web2 and Web3 systems, allowing users to transact across traditional and decentralized networks with ease.

TransFi’s inclusion in Pi Network’s KYB list means that users can now purchase Picoin using familiar payment methods such as credit cards, Apple Pay, Google Pay, and regional systems like UPI (India) and PIX (Brazil). This integration simplifies the onboarding process for new users and eliminates the need for peer-to-peer intermediaries, which have historically posed challenges in accessibility and security.

Strategic Implications for Pi Network

The addition of TransFi to Pi Network’s KYB list is more than a technical upgrade—it’s a strategic move that aligns with Pi’s broader mission of financial inclusion. By partnering with a provider that offers extensive global coverage and regulatory compliance, Pi Network enhances its ability to serve users in emerging markets where access to banking and crypto services remains limited.

This development also supports Pi Network’s transition toward a fully operational Open Network. As the platform moves beyond its enclosed Mainnet phase, the need for reliable fiat on-ramps becomes increasingly critical. TransFi’s infrastructure provides the scalability and flexibility required to support millions of users seeking to convert fiat into Picoin and participate in the Web3 economy.

Community Response and Ecosystem Growth

The Pi community has responded positively to the news, viewing TransFi’s inclusion as a validation of Pi Network’s long-term vision. Influencers like @Ketan_Patell have emphasized the importance of building real-world utility and trust within the crypto space. The integration of KYB-verified partners like TransFi demonstrates that Pi Network is not just a theoretical project—it is actively constructing the infrastructure needed for mainstream adoption.

This sentiment is echoed across social media, where users have expressed enthusiasm about the ease of access and enhanced security that TransFi brings to the Pi Wallet experience. The move is seen as a direct response to critics who have questioned Pi Network’s legitimacy, offering tangible proof of its commitment to compliance and usability.

TransFi , now in Pi Network KYB list.#pinetwork #picoin #pikyblist pic.twitter.com/o8I1XZvCA5

— metamitra (@Ketan_Patell) August 6, 2025

Challenges and Considerations

While the integration of TransFi offers numerous benefits, it also presents certain challenges. Regional availability may vary, and not all users will have immediate access to TransFi’s services depending on local regulations. Additionally, educating users about the on-ramp process and ensuring they understand the risks and responsibilities associated with crypto transactions remains a priority.

The Pi Core Team is expected to continue refining its KYB framework and expanding its list of verified partners. Future updates may include additional payment providers, enhanced user interfaces, and broader support for off-ramp services that allow users to convert Picoin back into fiat.

Toward a Fully Integrated Web3 Ecosystem

Pi Wallet is evolving into a comprehensive financial hub that supports mining, transactions, and third-party integrations. With partners like TransFi, Pi Network is laying the groundwork for a decentralized economy where Picoin can be used for real-world payments, e-commerce, and participation in decentralized applications.

This vision aligns with the principles of Web3, which emphasize user ownership, data sovereignty, and decentralized governance. By embedding KYB-verified services into its ecosystem, Pi Network ensures that its growth is both responsible and scalable.

Conclusion

TransFi’s addition to Pi Network’s KYB list represents a pivotal moment in the platform’s journey toward global adoption. It reinforces Pi’s commitment to building a secure, compliant, and user-friendly ecosystem that bridges the gap between traditional finance and the decentralized future.

As Pi Network continues to expand its infrastructure and onboard trusted partners, it moves closer to realizing its goal of becoming a universally accessible Web3 platform. Picoin is no longer just a digital asset—it is becoming a gateway to financial empowerment for millions of users worldwide.

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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