#TradingPairs101
๐ฐ Pi Network Secures First Stablecoin Trading Pair on MEXC Exchange
Pi Network has achieved a significant milestone with the listing of its first stablecoin trading pair, PI/USD1, on the MEXC exchange. This development introduces USD1, a fiat-backed stablecoin designed to maintain a 1:1 peg with the US dollar, supported by US Treasuries and cash equivalents.
Despite this advancement, PI's price experienced a 3% dip, trading at $0.74, indicating market caution.
๐ฌ What are your thoughts?
Will the PI/USD1 pairing enhance Pi Network's adoption?
Is the current price dip a buying opportunity?
๐ Share your insights in the comments!
#PiNetwork #Stablecoin