Pi Network Establishes Blockchain-Banking Connection by Adopting ISO 20022 Standards
- Pi Network advances Testnet Stage-2 and ISO 20022 compliance to enable traditional banking integration by November 2025. - PiPay and PiBridge pilots in emerging markets facilitate 100,000+ transactions, expanding remittance and microfinance use cases. - Valour PI ETP listing on Swedish exchange offers institutional access to $PI, potentially boosting market confidence and liquidity. - Network delays mainnet launch to Q1 2026 for infrastructure strengthening, with 50M+ users transitioning from mining to a
Pi Network Accelerates Global Currency Ambitions as ISO 20022 Deadline Nears
Pi Network is entering a crucial stage in its quest to be acknowledged as a worldwide digital currency, with its Node infrastructure progressing into
The rollout of Testnet Stage-2 brings Node and SuperNode functions closer to a mainnet-like setting, indicating the network’s readiness for a lasting decentralized framework, according to Coinfomania. Upon completion, Pi will transition from its current community-driven approach to a fully autonomous ecosystem, empowering users with more influence over governance and practical applications, the report continues. Community representatives stress that recent test transactions and transfers seen on PiScan.io are legitimate steps in ecosystem development, aiming to dispel rumors and incorrect information.
Pi’s path to compliance has been likened to other blockchain initiatives striving to align with international financial protocols. The Core Team has stated that its compliance systems are undergoing final sandbox testing to guarantee compatibility with SWIFT-compliant institutions, Coinfomania notes. This places Pi in the company of assets such as
The drive for broader adoption is also supported by practical use case pilots. PiPay, a mobile-focused payment solution, is currently being trialed in Nigeria, Vietnam, and the Philippines, letting users pay local vendors and convert Pi to fiat via partner gateways. At the same time, PiBridge—a cross-chain liquidity platform—facilitates the exchange of Pi for stablecoins like
Simultaneously, Pi’s recent entry into traditional finance through the
As the ISO 20022 deadline draws closer, Pi’s roadmap includes a deliberate postponement of the open mainnet launch to the first quarter of 2026, providing time to reinforce its infrastructure and obtain regulatory clearances in countries like Kenya, Indonesia, and Colombia. With over 50 million active participants shifting from mining to actual transactions, and community-driven marketplaces emerging in more than 30 nations, these advancements highlight Pi’s evolution from a speculative project to a serious player in the global digital finance arena.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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