Pi Network: 5 Days to KYC! Stablecoin Future and Global Adoption

We will explain in detail the latest trends of Pi Network, which is attracting attention in the cryptocurrency market. We will focus particularly on price predictions, adoption status in various countries, and its potential as a stablecoin.

The deadline for KYC application is remaining 5 days. Please apply with plenty of time as processing may be delayed due to time differences or servers.

How to apply here
How to apply for PiNetwork KYC (Identity Verification) and points to note

Important Deadline and Procedure for KYC Process

Currently, Pi Network’s KYC (Know Your Customer) process is in its final stages. Approximately 14 million people have already completed KYC, and about 1 million remain incomplete. With only 2 weeks left until the deadline, users who have not completed it need to take prompt action.

Important Steps for Completing KYC

  • Start KYC application from the official app
  • Prepare valid identification documents
  • Complete the facial recognition process
  • Upload necessary documents

Adoption Status and Transaction Price in Various Countries

Pi Network is being adopted in various forms around the world:

Regional Adoption Status

  • South Korea: Introduced as a payment system at golf courses (transaction price approx. $72)
  • China: Adopted as a payment system in retail stores and for vehicle payments
  • Dubai: Used in various commercial transactions (transaction price approx. $50)

Technical Progress

Mainnet Features

Pi Network’s mainnet provides a secure and efficient transaction platform. It is designed as an advanced blockchain platform equipped with smart contract functionality and enabling P2P transactions.

Migration Process

Coin migration from the testnet to the mainnet is carried out under the following conditions:

  • KYC completion is a mandatory condition
  • Wallet creation and setup
  • How to check migration coins

Future Potential as a Stablecoin

Pi Network holds the potential to be a new stablecoin replacing traditional USDT. Transaction prices in various countries fluctuate between $40 and $100, and its stability, particularly in terms of GCB (Global Currency Balance) value, is attracting attention.

Future Outlook and Vision

Pi Network’s envisioned future:

  • Establishment as a daily payment method
  • Building a global P2P transaction platform
  • Expansion of usage for various services and product purchases
  • Development of its unique ecosystem

Important Advice for Users

Recommendations for current Pi Network holders:

  • If KYC is incomplete, proceed promptly
  • Check coins in the migration wallet
  • Consider a long-term holding strategy

Summary

Pi Network is attracting attention as a cryptocurrency with high future potential, particularly due to its expanding adoption in the Chinese market and its potential as a stablecoin. As the KYC completion deadline approaches, users are urged to take prompt action. With technical advancements and expanding adoption in various countries, the value of Pi Network is expected to increase further in the future.

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