Pi Network Battles Surging Stablecoin Competition in 2025’s Crypto Arena
Stablecoins are eating Pi Network's lunch—and they're not asking for permission.
The once-hyped mobile mining project now faces an existential squeeze as regulated stablecoins dominate real-world crypto adoption. Forget 'waiting for Mainnet'—Tether's processing more daily volume than Bitcoin.
Why it matters: Pi's grassroots army of miners suddenly looks archaic against instant-settlement USDC transactions. When Visa starts settling in Circle's coin, 'earning Pi through ads' feels positively medieval.
The irony? Stablecoins might actually validate Pi's original vision of accessible digital money—just without the mining theatrics or KYC purgatory. Sometimes the revolution gets co-opted by suits with actual banking licenses.
Bottom line: In the race for payments relevance, being 'decentralized' matters less than being spendable. Unless Pi pulls a rabbit from its roadmap hat, it risks becoming crypto's most educational cautionary tale.
Stablecoins Pose a Threat to Pi Network
In a crypto market dominated by volatility, stablecoins are gaining prominence due to their stable prices and backing by real assets. They are increasingly receiving support from regulatory bodies, boosting their adoption. Some experts within the Pi Network community point out that the rise of stablecoins may pose a hurdle to Pi Coin’s goal of becoming a widely adopted global currency.
The Core objective of Pi Network is to create a global currency focused on easy access, mobile mining, and peer-to-peer exchange. While stablecoins benefit from fiat currency backing and institutional trust, Pi Coin faces price fluctuations, limited exchange listings, and regulatory uncertainties. For Pi Coin to compete globally, it must expand its real-world applications and build trust.
The Edge that Pi Network Brings to the Table
Despite the rise of stablecoins, Pi Coin offers some distinct advantages. Notably, Pi mining can be done with a simple app tap, with no need for wallets or exchanges initially. This feature makes it more accessible than most cryptocurrencies. Another significant advantage is Pi Network’s large community of over 65 million users and its growth model based on referrals, creating strong network effects that stablecoins cannot match. If Pi’s real-world utility increases, its loyal user base could drive significant adoption momentum.
Moreover, Pi Network is developing its ecosystem. It is working on decentralized applications (dApps) and developer tools, including the new AI-supported Pi App Studio. Success in building this ecosystem could enhance user engagement, attract new users, and transform Pi into a vibrant digital economy. However, challenges such as decentralization issues, KYC delays, and low user activity persist. The project remains in its early stages, lacking institutional support or proven real-world use.
Pi Coin’s Price Performance and Future Expectations
Pi Coin’s price reflects these challenges. Although it recently broke above its main downward trend, this upward MOVE was unsustainable. The altcoin has started to lose value again and is currently on a downward trajectory. If this trend continues, Pi Coin could approach its all-time low of around $0.40.
On the other hand, a recovery could occur with increased demand. In such a scenario, there is potential for a rise to $0.66. However, the current pressure is downward. Pi Coin is trading at $0.4961, down 5% in the last 24 hours.
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