Pi Network transforms! Following XRP's lead, Pi launches PiUSD stablecoin and initiates dual-token economy.

Pi Network unofficial “GCV Manual” falsely claims that 1 PI equals $314,159 and that there are two different Pi tokens used for exchanges and GCV trading. Experts clarify that such a system does not exist. Meanwhile, the Pi core team is exploring the feasibility of integrating real-world assets (RWA) and launching a PiUSD stablecoin. Analysts suggest that in the future, Pi may emulate XRP’s RLUSD model, with Pi used for utility and PiUSD for stability, forming a dual-token economy.

GCV Scam Rumors Spread Rapidly; Experts Urgently Clarify the Truth

(Source: X)

As the cryptocurrency market eagerly anticipates the next wave of explosive growth, Pi Network’s development direction remains uncertain. The project was once seen as a community-driven revolution, but now it finds itself at a crossroads, wavering between promising visions and misunderstandings. The concept behind this network is simple: one token, one community, one vision. However, as many users turn to unofficial channels for guidance, chaos has begun to spread throughout the ecosystem.

A so-called “GCV Manual” authored by community members claims that 1 Pi equals $314,159 and that there are two different Pi tokens used for exchanges and GCV trading. This absurd pricing and dual-token narrative have been widely circulated within the community, misleading many uninformed investors. The figure of $314,159 itself is highly unreasonable; if Pi were truly traded at this price, its market cap would surpass the total global GDP, which is clearly impossible.

Cryptocurrency expert Dr. Altcoin urgently clarified that such claims are entirely false. “There is no such thing as a dual-value system with the same code as Pi,” he explained, pointing out that genuine dual-token systems, like InterLink’s ITLG and ITL, use different codes for clarity and functionality. Currently, Pi Network has only one token, and all claims of dual value or dual tokens are unverified rumors.

The root of this confusion lies in Pi Network not yet being listed on mainstream exchanges or having an official price. In this information vacuum, various unofficial voices have filled the gap, and the “GCV Manual” is a product of this chaos. The Pi community urgently needs official guidance; otherwise, misleading information will continue to damage the project’s credibility.

PiUSD Stablecoin and RWA Integration as Future Key Developments

The Pi core team (PCT) appears to be exploring reasonable pathways for future development. Two prominent directions involve the introduction of PiUSD stablecoin. First, the integration of real-world assets (RWA), where Pi may adopt the ERC-3643 standard to tokenize assets on-chain, potentially requiring a stablecoin (possibly named PiUSD) to maintain transactional value stability.

Tokenizing RWAs is one of the hottest trends in blockchain today. Bringing real estate, art, commodities, and other physical assets onto the chain can enhance liquidity, lower transaction barriers, and increase transparency. However, RWA transactions require stable valuation units, as both buyers and sellers want the transaction value to remain stable during settlement. Using highly volatile Pi tokens as the sole medium of exchange could introduce counterparty risks and price chaos. Therefore, introducing PiUSD stablecoin becomes a necessary condition for RWA integration.

Secondly, there is a collaboration with OpenMind. This partnership aims to utilize unused Pi nodes to support decentralized robotic systems, where stablecoins like PiUSD could play a crucial role in facilitating payments. OpenMind’s decentralized AI robot system needs stable and predictable settlement tools, with PiUSD serving as the internal currency for transactions, while Pi tokens are used for node incentives and governance.

Analysts believe that the Pi ecosystem may take several years to fully mature. However, its future development could resemble XRP’s approach, which recently launched RLUSD—a stablecoin designed to complement XRP’s payment network. If Pi follows a similar path, it might evolve into a dual-token economy, with Pi used for utility and PiUSD for stability, replacing speculative purposes with a structured model.

Learning from XRP’s Dual-Token Model Success

The dual-token model of XRP and RLUSD offers valuable lessons for Pi Network. Ripple’s introduction of RLUSD was driven by the need for a stable value in scenarios like business invoicing and salary payments, where XRP’s price volatility posed challenges. RLUSD fills this gap, providing a stable-value solution, while XRP continues to facilitate fast cross-border transfers.

The advantage of this dual-token architecture lies in clear functional separation. XRP acts as a liquidity provider and value transfer medium; its price volatility creates arbitrage opportunities that add liquidity to the ecosystem. RLUSD, pegged 1:1 to USD, offers a stable pricing and settlement role, making it trustworthy for enterprises. Together, they expand the ecosystem’s application scope.

Potential Advantages of Pi’s Dual-Token Model

Complementary Scenarios: Pi for community incentives and governance; PiUSD for commercial payments and RWA transactions

Reduced Volatility Risks: Merchants accepting PiUSD won’t worry about price swings, increasing adoption

Expanded Use Cases: Stablecoin enables traditional business scenarios; utility token maintains community vitality

Institutional Friendliness: Stablecoins are easier to regulate and adopt by institutions

However, the dual-token approach also faces challenges. First, value dilution concerns—Pi holders might worry that introducing PiUSD could fragment Pi’s use cases and reduce its value. Second, increased technical complexity—interoperability, exchange mechanisms, and economic models for both tokens require careful planning. Third, regulatory compliance—stablecoins face strict regulations worldwide, and Pi Network must ensure PiUSD complies with legal requirements.

From an implementation perspective, if Pi Network truly adopts a dual-token model, it may take several years. The initial step involves fully launching the mainnet and listing on major exchanges to establish Pi’s market price and liquidity. Only after the ecosystem reaches a certain scale and diverse application scenarios are developed would the introduction of PiUSD be feasible. A phased approach can reduce transition risks and allow the community time to understand and accept the new model.

Strategic Significance of RWA Integration and OpenMind Partnership

Both directions explored by Pi Network carry significant strategic importance. RWA integration, possibly via ERC-3643, a compliance standard supporting KYC/AML and transfer restrictions, would enable users to trade tokenized real estate, art, and commodities within the Pi ecosystem, creating real-world applications and intrinsic value.

The collaboration with OpenMind is also forward-looking. It aims to leverage Pi’s unused nodes to support decentralized AI systems, transforming Pi’s large user base (tens of millions of potential nodes) into computational resources. OpenMind’s decentralized AI can utilize these nodes for distributed computing, with Pi or PiUSD serving as the internal payment method, incentivizing node providers.

Both initiatives require stable value anchoring. RWA transactions need stablecoins to ensure value stability during trading, and OpenMind’s payment system similarly requires stable settlement tools. This convergence of multiple needs makes the launch of PiUSD not only possible but potentially essential.

From an ecosystem-building perspective, Pi Network must transition from a “mining game” to a practical platform. A single-token model works well in simple scenarios, but as the ecosystem grows more complex—incorporating business payments, asset trading, and service settlements—a dual-token model offers greater flexibility. Pi can retain its community-driven and value fluctuation characteristics, while PiUSD provides stable settlement.

Current Challenges and Future Outlook for Pi Network

The biggest current issue for Pi Network is not technical capability but unclear direction and information chaos. The proliferation of unofficial information like the GCV Manual indicates a community eager for official guidance. The Pi core team needs to promptly release a clear development roadmap, including the full launch timeline, exchange listing plans, and whether PiUSD stablecoin will be introduced.

Analysts estimate that it may take several years for Pi’s ecosystem to fully mature. Building a comprehensive ecosystem with RWA integration, AI node networks, and dual-token economics requires substantial technical development, regulatory review, and market education. However, the first crucial step—clarifying strategic direction and feasibility of PiUSD—is expected in the near future.

For Pi holders, this stage is one of observation and preparation. Be cautious of unofficial price predictions and token models; only trust information from official Pi Network channels. Keep an eye on progress in RWA integration and OpenMind collaboration, as these could be key indicators of whether Pi is truly shifting toward practical applications. If the dual-token model is implemented, Pi Network could transform from a speculative asset into a valuable ecosystem, but this transition will take time and is fraught with uncertainties.