This means that users may now trade Pi Coin directly against a new stable currency called USD1.
Crypto exchange MEXC is listing two new trading pairs: PI/USD1 and SOL/USD1. The new pairs will be available for trading from May 27, expanding the platform's offerings.
With this listing, users can now trade Pi Coin directly against a new stablecoin called USD1. The coin is backed by actual assets such as US Treasuries and cash, ensuring that its value remains constant at $1.
This listing could help Pi gain credibility and wider adoption. It gives the Pi community access to regulated liquidity, meaning it’s easier to trade with real-world value. It also increases the chances that institutional investors and traditional finance players may take notice.
To celebrate the listing, MEXC is offering zero trading fees for these new pairs until June 26.
Located in Miami, World Liberty Financial released USD1 as a stablecoin in April 2025. The coin is linked to the Trump family, as Trump-owned firms control 60% of the corporation and 75% of coin earnings. The corporation is reportedly managed by Eric Trump and Donald Trump Jr.
Despite the news, the price of Pi has dropped 3% in the last 24 hours and is currently around $0.74. It recently reached a high of $1.57 earlier this month but is now moving sideways.
According to experts, the cryptocurrency is expected to face tough resistance at the $1 level soon.
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