#MarketTurbulence #pi
If Cosmos BIC (Inter-Blockchain Communication) becomes a layer in the Pi network, it means that Pi is creating a local bridge hub based on Cosmos SDK + IBC standards, enabling the Pi ecosystem to interact directly with other blockchains - whether the native Cosmos chains or non-Cosmos chains like Solana, Cardano, Ethereum, and Bitcoin - through specialized bridges.
Here’s what that means in practice:
1. Transferring assets directly across chains
PiUSD or PiGCV assets or other assets from the Pi ecosystem can be transferred across chains without relying on centralized trading platforms.
Example: You can swap PiUSD ↔ USDC (Ethereum) or PiUSD ↔ SOL (Solana) locally.
2. Integration of smart contracts across networks
Decentralized Pi applications can invoke smart contract functions used on Ethereum or Solana or Cardano, and vice versa.
This leads to the creation of multi-chain decentralized applications - for example, a decentralized Pi application interacting with Ethereum's decentralized finance pools.
3. Expanding liquidity
Pi assets can be listed on automated market maker (AMM) platforms in other ecosystems, increasing their liquidity.
PiUSD can have liquidity pools on Uniswap, Raydium, or Osmosis.
4. Bitcoin connectivity
Bitcoin does not have native smart contracts, but through wrapped Bitcoin (wBTC) or similar trust-minimized bridges, Pi can integrate Bitcoin liquidity into its system.