Pi Network has secured its first **stablecoin trading pair** on MEXC Exchange, listing pairs such as PI/USD1 and SOL/USD1 starting May 27.
**USD1** is a fiat-backed stablecoin tied 1:1 to the US dollar, launched by Miami-based fintech company, **World Liberty Financial**, in April 2025.
Notably, World Liberty Financial is primarily owned by entities linked to the **Trump family business**, with a Trump-owned entity holding 60% ownership and entitlement to 75% of revenue from coin sales. **Eric Trump** and **Donald Trump Jr.** play active roles in the company.
This move signifies a significant step for **Pi Network** towards wider adoption, providing access to regulated liquidity and increased institutional exposure through a compliant, dollar-backed stablecoin.
After over six years of development, Pi Network is gaining recognition alongside established cryptocurrencies like **Solana**, potentially unlocking regulated financial infrastructure and appealing to mainstream investors while accessing traditional financial networks.
Despite these developments, the **Pi coin price** has dropped over 3% in the past 24 hours, currently trading at $0.74 after hitting a monthly high of $1.57 and remaining relatively stable. Pi may encounter strong resistance around the $1 mark in the short term.
Note: Investments carry market risks. Please invest carefully. We do not accept responsibility for any financial losses.
