Pi Network Launches PI/USD1 on MEXC Amid Price Dip: Trump Family’s Stablecoin Involved
LTB Pi Network Launches First Stablecoin Trading Pair with USD1 on MEXC Exchange Amid Price Dip
Pi Network’s launch of its first stablecoin trading pair on the MEXC exchange marks a bold step towards mainstream adoption. However, the journey is not without its challenges, as the Pi coin’s price dips 3% to $0.74, reflecting short-term market resistance near the $1 mark.
- PI/USD1 and SOL/USD1 launched on MEXC on May 27
- USD1 stablecoin launched by World Liberty Financial in April 2025
- World Liberty Financial 60% owned by Trump family entity
- Pi Network gains access to regulated liquidity and institutional investors
- Pi coin price dips 3% to $0.74
On May 27, Pi Network made headlines by launching PI/USD1 and SOL/USD1 trading pairs on the MEXC exchange. This move follows the introduction of the USD1 stablecoin by World Liberty Financial in April 2025, a company stirring the pot not just with its financial clout but also with its high-profile connections. World Liberty Financial, nestled in Miami, is 60% owned by an entity linked to the Trump family, with Eric Trump and Donald Trump Jr. at the helm. Now, that’s what you call a political wildcard in the crypto deck!
USD1 is what’s known as a fiat-backed stablecoin—like a digital dollar that’s always worth a buck, backed by US Treasuries, cash, and other financial assets. As Dr Altcoin explains, it’s designed to keep a 1:1 value with the US dollar, making it a tool that’s ready for institutional play in the crypto world. Pi Network’s decision to pair up with USD1 on MEXC is a clear play to dive into regulated liquidity and pull in those big institutional investors, setting the stage for broader adoption.
“As explained by Dr Altcoin, USD1 is a fiat-backed stablecoin designed to maintain a 1:1 value with the US dollar.”
Yet, despite this bullish news, the Pi coin seems to be playing a different tune. Its price has taken a 3% hit, dropping to $0.74, signaling strong resistance as it nears the $1 mark. It’s a reminder that even the brightest developments can face headwinds in the crypto market. Pi Network might be aiming for the moon, but it seems like the market is still orbiting around the $1 mark.
This listing isn’t just about adding a new trading pair; it’s a gateway for Pi Network to tap into regulated financial infrastructure and court mainstream investment. It’s a bold move towards legitimacy in the competitive cryptocurrency ecosystem. But let’s not sugarcoat it—the Trump family’s involvement with World Liberty Financial could be a double-edged sword for Pi Network’s reputation. Their significant ownership might sway how people perceive and use USD1, given their political and business clout.
The Launch of PI/USD1 on MEXC
The launch of PI/USD1 on MEXC is a significant milestone for Pi Network, enhancing its access to regulated liquidity and institutional exposure. This strategic move is part of Pi Network’s broader goal to integrate with traditional financial systems and expand its reach in the cryptocurrency market.
Understanding USD1 and World Liberty Financial
USD1, launched by World Liberty Financial, is designed to be a stablecoin that maintains a 1:1 peg with the US dollar. This stability is achieved through backing by US Treasuries, cash, and cash equivalents, making it an “institutional-ready” asset. World Liberty Financial, with its notable Trump family connections, adds a layer of intrigue and potential influence to the stablecoin’s adoption and perception.
Market Reaction and Future Implications
Despite the positive development of the new trading pair, the Pi coin’s price has dipped by 3%. This dip suggests short-term market resistance and a lack of immediate positive response to the news. However, the long-term implications could be transformative for Pi Network, as it opens doors to regulated financial infrastructure and attracts mainstream investors.
As Pi Network navigates the complexities of mainstream adoption, the question remains: Can it maintain its vision of decentralization while forging partnerships with traditional and politically influential entities?
Let’s break down the key points:
- What is the significance of Pi Network’s new trading pair with USD1 on MEXC?
The listing of PI/USD1 on MEXC enhances Pi Network’s access to regulated liquidity and institutional exposure, marking a significant step towards broader adoption and integration with traditional financial systems.
- What is USD1 and who is behind its creation?
USD1 is a fiat-backed stablecoin designed to maintain a 1:1 value with the US dollar, backed by US Treasuries, cash, and cash equivalents. It was introduced by World Liberty Financial, a company that is 60% owned by a Trump-owned entity, with Eric Trump and Donald Trump Jr. involved in its management.
- How has the Pi coin price reacted to the new trading pair listing?
Despite the new trading pair listing, Pi coin’s price has dipped by more than 3% to $0.74. The coin faces strong resistance near the $1 mark in the short term, indicating a lack of immediate positive market response to the news.
- What are the potential future implications for Pi Network from this development?
This listing could open doors to further regulated financial infrastructure, attract mainstream investors, and provide Pi Network with access to traditional financial networks. It represents a significant step towards broader adoption and legitimacy for Pi Network in the cryptocurrency ecosystem.
