GENIUS Act is dropping soonāand it might actually change the game for stablecoins š. This new U.S. bill cracks down on shady algo-stables, demands 1:1 USD backing, and sets clear rules. Sounds boring? Hereās the twist: it just unlocked a massive opportunity for Pi Network.
š„ Why? Because Pi just got paired with USD1, a fully-backed stablecoin approved on big exchanges like MEXC. That means better liquidity, less price chaos, and a clean on-ramp for new investors (especially the big dogs š).
But letās keep it realāPiās still down 23% this month and chilling around $0.4399. Unless it breaks $0.80, itās stuck in sideways mode. Still, GENIUS + $USDC 1 = the most legit setup Pi has had in a while.
If adoption picks up and USD1 gains traction, could Pi moon past $1? Maybe. But first, it needs to shake off that selling pressure š¬.
Agree? Or is Pi still too risky to touch? Drop your hot take below! šš„