That update about Pi Network (PI) is actually quite significant compared to the usual hype posts — it’s about infrastructure and accessibility rather than just price speculation.
Here’s the breakdown:
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🔹 Main points from the news
1. KYB-verified on-ramp partners →
Currently: Onramp.money, TransFi, and Banxa.
KYB (Know Your Business) means these partners are verified entities, which is a regulatory compliance step for fiat-crypto services.
2. TransFi integration →
Users in 70+ countries can now buy and convert PI using local payment methods.
This is directly inside the Pi Wallet.
Uses Onramper, a third-party on-ramp aggregator, to give multiple service options.
3. .pi domain auction extended →
Deadline now end of September.
Lets Pioneers personalize their wallets with custom .pi domains (likely a branding/user identity feature).
4. TransFi background →
Lithuania-based fintech startup.
Hundreds of payment methods supported, fiat and crypto settlements.
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💡 Why this matters for Pi Network
It’s a step toward mainnet usability — allowing real-world fiat conversion is key for adoption.
Having multiple KYB-verified on-ramps adds trust and regulatory compliance.
Shows Pi is slowly expanding beyond just app mining into actual transactional capability.
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If you want, I can **check the current PI price on