The crypto exchange MEXC has introduced Pi trading against the new fiat-backed stablecoin USD1, although the market reaction remains weak.
What is USD1?
As explained by Dr. Altcoin, USD1 is a fiat-backed stablecoin that maintains a 1:1 peg to the U.S. dollar. It is backed by U.S. Treasury bonds, cash, and cash equivalents, and was launched in April 2025 by World Liberty Financial—a fintech company based in Miami.
What makes USD1 particularly interesting is its high-profile backing. The company is majority-owned by entities linked to the Trump family’s business interests. A company owned by Donald Trump holds 60% of World Liberty Financial and is entitled to 75% of all revenue from the coin’s sales. Eric Trump and Donald Trump Jr. are also actively involved in managing the firm.
What Does This Mean for Pi Network?
The addition of a new trading pair is more than just another market update—it represents a strategic milestone for Pi Network on its path to broader adoption. By partnering with a dollar-backed, regulation-compliant stablecoin, Pi gains access to liquidity and increased visibility among institutional investors.
After more than six years of development, mining, and community building, Pi Network is beginning to be seen alongside established cryptocurrencies like Solana. The MEXC listing could open doors to regulated financial infrastructure, attract mainstream investor interest, and connect Pi with traditional financial networks.
Pi’s Price Has Yet to Respond
Despite the positive news, Pi’s price hasn’t risen. In fact, the cryptocurrency has dropped over 3% in the past 24 hours and is currently trading at $0.74. After reaching a monthly high of $1.57, Pi’s price has moved sideways. A strong resistance level around $1 is expected in the short term.
A stable trading pair like PI/USD1 is a key component for integrating cryptocurrencies into the real economy.
Conclusion:
With the new PI/USD1 trading pair, Pi Network takes a strategic step toward integrating with traditional finance. However, the short-term market response is more negative than expected. Over time, this listing could bring greater stability and institutional recognition to the project.
Frequently Asked Questions
Find answers to the most common questions below.
USD1 is a fiat-backed stablecoin pegged 1:1 to the U.S. dollar, backed by cash and U.S. Treasury bonds.
It marks a strategic step toward broader adoption and integration with traditional financial systems.
Despite the announcement, Pi’s price dropped over 3% in 24 hours and remains below $1.
This article is for general informational purposes only and is not intended to be, and should not be construed as, legal or investment advice. Crypto-assets are highly volatile, so only invest funds that you are willing to lose and use your own research and risk management.
