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Pi Network and Stablecoins: Challenges for the Future of Digital Currency and Regulatory Impact

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In recent years, digital currencies based on blockchain technology have been attracting attention. Among them, Pi Network is particularly noteworthy for its uniqueness and potential. This article provides a detailed explanation of the future vision Pi Network aims for, the possibility of becoming a stablecoin, and related regulations.

Pi Network and the Possibility of Becoming a Stablecoin

Pi Network is designed to be an easy and efficient digital currency for users. As of February 2025, the mainnet launch has been a topic of discussion, and some are debating the possibility of it serving as a stablecoin in the future. Specifically, there is anticipation within the community that Pi Coin could stabilize its value in the future and be utilized for daily transactions and international payments.

Benefits of Becoming a Stablecoin

  • Price stability promotes use in daily transactions
  • Increased reliability among global communities
  • Efficient transactions are possible using blockchain technology

Trends in US Stablecoin Regulation

In the United States, a new regulatory framework for stablecoin issuers is being discussed, and an executive order signed by President Trump in January 2025 is attracting attention. This executive order aims to:

  • Strengthening transparency and reserve requirements for issuers
  • Mandating regular audits for consumer protection
  • Federal agency oversight for issuers above a certain size

Impact of Regulation on the Market

While this regulation may potentially hinder market innovation, it also has the advantage of strengthening transparency and consumer protection. Particularly, strict conditions will be imposed on non-bank issuers and algorithmic stablecoins, which will be a challenge for emerging projects.

The Future of Pi Network: Potential as a Global Currency

Pi Network has the potential to serve as a global currency due to its unique design and strong community support. It is particularly noteworthy in the following aspects:

  • Value Backing: Mechanisms to maintain stable value in the future are expected.
  • Reliability: Increased transparency is required to meet community expectations.
  • Economic Inclusion: Providing a globally accessible digital payment system

Challenges and Outlook

However, this project also faces several challenges. These include adapting to stricter regulations, delays in KYC (Know Your Customer), and differentiating itself from competing digital currencies. Nevertheless, Pi Network is supported by many investors and users due to its potential.

Summary: The Path to the Digital Currency Era

The potential of Pi Network and its possibility of becoming a stablecoin represent a significant step towards a new digital economic era. It is necessary to balance regulation while maximizing its potential. We hope the content presented in this article helps deepen your understanding of this innovative project.

*Disclaimer: This article is for informational purposes only and does not constitute investment advice.

Trump’s New Administration and Pi Network: What is the New Era of Cryptocurrency Coming in 2025?

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The presidential inauguration of Donald Trump, scheduled for January 20, 2025, is attracting attention for potentially having a significant impact on the cryptocurrency market. In particular, cryptocurrency projects originating in the United States, including Pi Network, are thought to potentially receive an unexpected tailwind. While Mr. Trump has previously voiced criticism towards cryptocurrencies, there are also reports of large donations being made by blockchain companies within the U.S., making the future direction of policy a matter of great interest to industry stakeholders.

What is Pi Network?

Pi Network is a cryptocurrency project developed by SocialChain Inc., based in California. It is characterized by easy mining using a smartphone app and has rapidly expanded its user base built upon early users (Pioneers). Furthermore, there is a plan to transition to the Open Mainnet in the first quarter of 2025, raising expectations among many investors and Pioneers.

Pi Network’s Growth and Current Data

According to the latest internal data, the number of accounts that have completed KYC (Know Your Customer) and migration is said to be approximately 9.2 million. Additionally, there are a total of about 5.5 billion migrated coins, of which approximately 3.9 billion are locked, about 664 million are unlocked, and an estimated 294 million coins may have expired due to being unclaimed or past their deadline. Thus, a key feature of Pi Network is its construction of a large-scale user base and a unique decentralized ecosystem.

Impact of the Birth of the Trump Administration

Generally, the cryptocurrency market is significantly influenced by political and regulatory trends. The possibility of Mr. Trump acting as a “cryptocurrency supporter” is seen as potentially having a positive effect on the prices and investment environment of the entire crypto industry, including Pi Network. For example, if regulations are eased, cryptocurrency-related startups may find it easier to operate, potentially accelerating capital inflow into the market. Conversely, if policies shift towards stricter regulation, there is a risk of increased market concern.

Message Hidden in the “Key” Illustration?

An illustration depicting a key and an envelope, released by “diange,” a graphic designer and core team member of Pi Network, has become a major topic of discussion within the community. Many Pioneers speculate that this “key” might symbolize the start of the mainnet, i.e., “opening the door.” While the artist has not yet revealed detailed information, the possibility of it appearing on the official app’s startup screen in the future is further increasing anticipation.

Posted Illustration
https://x.com/Pi_diange/status/1878423801303842866

 

When is the Open Mainnet?

Pi Network has stated its plan to launch the Open Mainnet in the first quarter of 2025, but there has been no official announcement regarding the specific date so far. However, with the appearance of “teasers” like the key illustration, it is speculated that preparations are steadily progressing behind the scenes. Given the considerable number of users and coin volume, the market impact when this project officially reaches its mainnet is something that cannot be ignored.

Pi Network Price Trends

Currently, Pi Network’s pre-market price is traded on various exchanges and communities, and in terms of market capitalization, it is reported to rank 3,603rd among the numerous cryptocurrency projects worldwide. The daily trading volume is also relatively stable, and there is a possibility of significant fluctuation depending on market sentiment after the inauguration of the Trump administration.

Advice for Investors

It is difficult to definitively state how much Mr. Trump’s inauguration and the start of the Pi Network mainnet will affect the price, as there are many uncertain factors. However, political and regulatory tailwinds can be one factor that drives up cryptocurrency prices. As an investor, it is advisable to consider the following points:

  • Gather the latest news from reliable sources.
  • Constantly check for updates announced on the official Pi Network app and social media.
  • Manage your portfolio calmly without being swayed by excessive expectations.

Summary

Mr. Trump’s inauguration scheduled for 2025 has the potential to impact not only the regulatory environment in the United States but also the global cryptocurrency market. Among these, Pi Network is attracting significant attention due to its user scale and future potential, and following the posting of the “sturdy key” illustration, expectations for the mainnet launch have grown even more. Investors and Pioneers will be required to stay informed, assess the situation carefully, and keep their antennas up to not miss out on significant opportunities.

It cannot be denied that depending on future developments, there could be significant changes in Pi Network’s position and price. However, it is important to remember that the series of plans are not yet officially announced or guaranteed, and the cryptocurrency market itself has high volatility, so always be mindful of risk management.

Pi Network and Stellar: US Congressional Speech Signals a New Era for the Crypto Revolution

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Historical Moment: Stellar Co-founder’s Speech at US Congress

December 4, 2024, marked a memorable day for the cryptocurrency industry. Daniel Dickon, co-founder of Stellar, delivered a keynote speech at a panel discussion titled “Innovation Revolution: How Technology Shapes the Future of Finance” held at the US Congress in Washington D.C.

Innovation of Stellar Consensus Protocol (SCP)

SCP, adopted by P Network and Stellar, is an innovative consensus mechanism with the following characteristics:

Technical Features

  • Processing Speed: 3-5 seconds per transaction
  • Transaction Cost: Approximately 0.00001 XLM per transaction
  • Processing Capacity: Capable of processing thousands of transactions per second
  • Advanced Security: Protected by Byzantine Fault Tolerance (BFT)

SCP Operating Mechanism

As a type of Federated Byzantine Agreement (FBA), SCP operates through the following process:

  • Each node sets a set of trusted nodes (quorum)
  • Transaction validation through consensus within the quorum
  • Transaction finalization through majority approval
  • Recording on the distributed ledger

Impact on the Global Financial System

Stellar’s technology offers the following advantages compared to traditional financial systems:

  • Direct currency exchange via Decentralized Exchange (DEX)
  • Application building through smart contract functionality
  • High interoperability enabling collaboration between different platforms

Regulatory Environment and Future Outlook

Cryptocurrency regulation in the United States is reaching a critical turning point. As the need for effective oversight is highlighted, the following points are becoming important:

  • Balance between innovation and regulation
  • Strengthening consumer protection
  • Ensuring financial system stability

Conclusion: Towards the Realization of an Inclusive Financial System

P Network aims to realize more efficient and inclusive financial services by leveraging the Stellar technology base. Features such as high-speed transaction processing, low cost, and high security are important elements of global financial innovation.