Pi Network recently announced significant progress in preparation for the mainnet launch. The latest updates on the Pi Network’s Github reveal signs that the project has quietly conducted tests to convert Pi to USD.
The importance of this move cannot be overstated. Through integration with Stellar’s token, XLM, Pi Network can potentially convert Pi into over 40 cryptocurrencies and fiat currencies supported on the Stellar network. Clear evidence from the Github Pi Network indicates ongoing tests for USD conversion.
This step goes beyond mere technical advancement; it underscores the meticulous approach of the Pi Core team to ensure a smooth transition at the launch of the mainnet. In the context of frequent blockchain security incidents, this phase demonstrates Pi Network’s attention to minimizing potential risks.
Pioneers in the Pi Network community are encouraged to focus on community development and the decentralized application (Dapp) ecosystem. While patience is required in anticipation of the mainnet opening, it presents an opportunity for direct involvement in laying a solid foundation for network development.
The decision of Pi Network to test Pi-USD conversion emphasizes the project’s commitment to driving blockchain technology towards inclusivity and functionality. It marks a pivotal point in the evolution of Pi Network, transitioning from an experimental project to a platform with broader usability.
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Observing Pi Network’s next steps towards the mainnet will be highly interesting for industry observers. There are considerable expectations regarding the impact of Pi-USD conversion on network adoption and usage, as well as anticipation for further developments related to this testing.
✅Most signals from the recent updates on Github Pi Network indicate that Pi Network has quietly tested converting Pi to USD.
– Stellar’s token, XLM, connected to major banks worldwide, can convert into over 40 cryptocurrencies and fiat currencies. Pi Network can fully inherit this feature for future conversions. (Photo evidence from Github Pi Network: USD testing)
– Testing the conversion from Pi to USD during the mainnet phase was crucial, showcasing #PiCoreTeam’s careful approach to remove barriers and minimize issues arising from other blockchains. Therefore, pioneers should focus on community development with patience when participating in building the Dapp ecosystem.
