Pi Network Lands First Stablecoin Pair on MEXC—But Market Yawns with 3% Drop

Pi Network just scored a liquidity milestone with its first stablecoin trading pair on MEXC. Too bad traders reacted like Wall Street to ’disruptive innovation’—by trimming positions.

The pairing should’ve been bullish fuel. Instead, Pi’s price dipped 3% post-announcement. Maybe crypto’s ’adoption narrative’ needs stronger coffee.

Pro tip for projects: exchanges list tokens, but markets decide their worth. Even stablecoin pairs can’t fix weak demand—just ask the ghost of Terra’s UST.

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.

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.

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.