Pi Network Secures First Stablecoin Trading Pair on MEXC Exchange, But Price Dips 3%
Anjali Belgaumkar27 May 20252 min read
In an exciting development for the Pi Network, cryptocurrency exchange MEXC has officially announced the listing of new trading pairs with the recently launched USD1 stablecoin. Starting today, May 27, users can trade pairs such as PI/USD1 and SOL/USD1 on the exchange.
What is USD1?
As explained by Dr Altcoin, USD1 is a fiat-backed stablecoin designed to maintain a 1:1 value with the US dollar. It is supported by US Treasuries, cash, and cash equivalents, and was introduced in April 2025 by World Liberty Financial, a Miami-based fintech company.
What makes USD1 stand out is its high-profile backing. The company is majority-owned by entities connected to the Trump family business. A Trump-owned entity holds 60% of World Liberty Financial and is entitled to 75% of all revenue from coin sales. Eric Trump and Donald Trump Jr. are also actively involved in managing the company.
Why This Matters for Pi Network
This new trading pair is more than just another market listing — it marks a big step for Pi Network as it moves toward broader adoption. By pairing with a compliant, dollar-backed stablecoin, Pi gains access to regulated liquidity and greater institutional exposure.
After more than six years of development, mining, and community building, Pi Network is now being recognized alongside established cryptocurrencies like Solana. This listing could open doors to regulated financial infrastructure, attract attention from mainstream investors, and provide access to traditional financial networks.
However, Pi coin price is yet to react to this news. The price has dipped more than 3% in the last 24 hours and is trading at $0.74. After hitting a monthly high of $1.57, Pi is now trading sideways. Pi will face strong resistance near the $1 mark in the short-term.
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FAQs
- USD1 is a fiat-backed stablecoin, designed to maintain a 1:1 peg with the US dollar, and is supported by US Treasuries, cash, and cash equivalents.
