In fact, the Pi Network is still in the gradual launch phase of its Open Main Net, so the first currency transactions took place on platforms and partners that were primarily selected in Africa and Asia, for several reasons:
1. Trading platform partnerships in Africa and Asia first
So far, several medium-sized platforms have announced the listing of the PI/USDT pair,
These platforms are primarily located in Asian and African markets, so trading is currently limited to these regions.
2. Focus on emerging markets
Pi offers a "mobile-first" model and low entry costs, making it particularly attractive in developing countries where smartphone penetration is high and alternative financial solutions are needed. It has demonstrated strong adoption in Asia and Africa, as well as in countries like China, Nigeria, and Brazil.
3. Regulatory complexities in America and Europe
Many Western platforms—particularly American and European—follow strict regulatory frameworks (such as SEC regulations in the US), so Pi Network is still in the process of completing legal and administrative compliance procedures before listing there. Once these steps are completed, an expansion strategy will be pursued to include these markets.
4. Future expansion plan
• The Pi team is currently focused on building liquidity and promoting real usage in the launched regions.
• We expect to see PI listing notifications later on larger platforms and in other regions (America and Europe) as partnerships mature and compliance requirements are completed.
In short, it all comes down to Pi Network's phased strategy: starting with listing in emerging markets with high sensitivity to digital financial instruments, then gradually moving to the rest of the global markets after fulfilling regulatory requirements and building sufficient liquidity.