Wallet service Pi integrates Onramper, broadening options, as PiCash enhances its ecosystem's functionality.
The Pi Network, a Web3 ecosystem with ambitious growth plans, has taken a significant step forward by integrating Onramper into its Pi Wallet. This move enhances the accessibility and regulatory compliance of converting fiat currency into Pi cryptocurrency [1][2].
Onramper, a third-party KYB (Know Your Business)-verified on-ramp aggregator, offers multiple regionally compliant providers such as Onramp.money, Transfi, and Banxa [3]. By providing users with these options, the Pi Network ensures that all fiat-to-crypto conversions adhere to relevant regional regulations and anti-money laundering standards [1][2].
This integration streamlines the process of entering the Pi ecosystem, making it easier for users to purchase Pi directly within the Pi Wallet using various payment methods, including credit cards, debit cards, and digital payments like Google Pay [4][5]. This simplification is expected to promote wider adoption, particularly in emerging markets [1][2][4].
PiCash, a mobile platform within the Pi ecosystem, is another key component. It offers features such as QR payments, online shopping, phone top-ups, and apartment management, bridging the gap between digital assets and real-world utility [6]. PiCash also connects users to services like PiLife and the PiCash Marketplace, aiming to enhance daily convenience through Web3 integration [7].
The Pi Network's infrastructure and applications are expanding, reflecting its ambition to evolve into a practical Web3 ecosystem. One example is the hardware wallet built into a smart card, resembling a standard bank card and including a secure chip that stores private keys [8]. This device, which can be used with NFC or a chip card reader, brings security and portability into one device.
The integration of Onramper and the development of PiCash are making the Pi Network more usable and inclusive. The Pi coin's price has responded positively, with the coin holding strong above $0.350 and showing an upward trend on CoinMarketCap [9][10]. This growth indicates growing bullish sentiment and renewed buying pressure, potentially positioning the Pi Network to transition into the mainstream Web3 conversation.
Sources:
- https://medium.com/onramper/onramper-integrates-pi-network-pi-wallet-c5f79608c41a
- https://medium.com/onramper/onramper-and-pi-network-partner-up-to-bring-compliant-fiat-on-ramps-to-the-pi-ecosystem-744274d2c0d
- https://medium.com/onramper/onramper-now-available-on-pi-wallet-568a9b7e0b4e
- https://medium.com/pi-network/pi-network-and-onramper-partner-to-bring-compliant-fiat-on-ramps-to-the-pi-ecosystem-27f97c66d07
- https://coinmarketcap.com/currencies/pi-network/
- https://medium.com/pi-network/pichash-is-now-available-on-the-pi-ecosystem-e38e2954f60
- https://medium.com/pi-network/pichash-enables-real-world-utility-for-the-pi-ecosystem-7a60284c10e
- https://medium.com/pi-network/pi-network-unveils-a-new-hardware-wallet-for-pi-coin-users-9a738526a84
- https://coinmarketcap.com/currencies/pi-network/
- https://coinmarketcap.com/currencies/pi-network/charts/
- The Pi Network, striving to become a practical Web3 ecosystem, has integrated Onramper into its Pi Wallet, enhancing regulatory compliance and promoting wider adoption, particularly in emerging markets.
- Onramper, a third-party KYB-verified on-ramp aggregator, provides regionally compliant options for fiat-to-crypto conversions, ensuring adherence to regional regulations and anti-money laundering standards.
- By integrating Onramper, the Pi Wallet offers users the ability to purchase Pi directly within the app using various payment methods, fostering crypto adoption.
- PiCash, a mobile platform within the Pi ecosystem, connects users to services like PiLife and the PiCash Marketplace, aiming to enhance daily convenience through Web3 integration and bridging the gap between digital assets and real-world utility.
- The Pi Network's infrastructure and applications continue to expand, with the development of a secure hardware wallet and a new hardware wallet built into a smart card, offering users greater security and portability.
- The positive response from the crypto market, with the Pi coin holding strong above $0.350 and showing an upward trend on CoinMarketCap, indicates growing bullish sentiment and potential mainstream integration for the Pi Network in the Web3 conversation.
