Pi Network Updates: Why Pi is Listed on Exchanges Before In-App Trading?
The Pi Network community has raised concerns about why Pi (PI) was launched on exchanges when its original mission was to enable peer-to-peer transactions within the Pi App ecosystem for goods, services, online shopping, bookings, and business transactions.
Pi Core Team’s Clarification on Exchange Listings
Global Accessibility & Inclusion
The world population is in the billions, but only 60+ million users mined Pi.
Many people who did not mine Pi would have no access to the currency.
Listing Pi on exchanges allows non-miners to buy and use it in the future.
Ensuring Widespread Adoption
If Pi were only accessible to early Pioneers, the adoption rate would be limited.
Circulating Pi through exchanges ensures a broader user base and increased liquidity.
Pi’s Open Network & Blockchain Integration
The Open Network phase has expanded Pi’s ecosystem, enabling dApps, business integrations, and financial transactions.
It connects Pi to the broader blockchain industry, driving its real-world usability.
Institutional & Business Adoption
With Pi now listed on exchanges, institutions and businesses can buy, accept, and trade Pi.
This facilitates payments, transactions, and conversions into stablecoins like USDC, USDT, and EUR for real-world commerce.
The Future of Pi Network
The Pi Core Team emphasizes that making Pi accessible to everyone worldwide is crucial for its long-term success as a widely used cryptocurrency. Exchange listings were a necessary step toward achieving this vision, ensuring greater adoption, circulation, and usability in the global market.