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Market News

Pi Network is back! MEXC Lists Pi coin with Trump-Backed USD1

Written By:
Jalpa Bhavsar

Reviewed By:
Jahnu Jagtap

Last updated: May 28, 2025 1:56 AM
Published May 28, 2025 1:48 AM
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Last updated: May 28, 2025 1:56 AM
Published May 28, 2025 1:48 AM
Pi Network is back! MEXC Lists Pi coin with Trump-Backed USD1

MEXC, a cryptocurrency exchange, has announced that PI/USD1 and SOL/USD1 trading pairings would be available from today, May 27. This means that users may now trade Pi Coin directly against a new stable currency called USD1.

MEXC Lists Pi coin with Trump-Backed USD1
MEXC Lists Pi coin with Trump-Backed USD1, Source: X

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.

World Liberty Financial, located in Miami, released USD1 as a stablecoin in April 2025. It is backed by actual assets such as US Treasuries and cash, ensuring that its value remains constant at $1. The coin is tied to the Trump family, as Trump-owned firms control 60% of the corporation and receive 75% of coin earnings. The corporation is purportedly run by Eric Trump and Donald Trump Jr.

Despite the news, Pi’s price 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. Experts believe Pi will face tough resistance at the $1 level soon.

Also Read: Pi Network Adds New Mainnet Apps and Account Recovery Option

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Jalpa Bhavsar- Senior crypto journalist at The Crypto Times
By Jalpa Bhavsar
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Jalpa Bhavsar is a Crypto Journalist with 3 years of experience in crypto, blockchain, AI, digital design, and crypto news reporting. She holds a B.Tech in Computer Science, bringing a strong technical foundation to her writing. Jalpa focuses on delivering clear, accurate, and engaging coverage of the latest trends and developments in the crypto and tech space.
Jahnu Jagtap - Crypto Research Analyst at The Crypto Times
By Jahnu Jagtap
Follow:

Jahnu Jagtap is a Research Analyst with over 5 years of experience in crypto, finance, fintech, blockchain, Web3, and AI. He holds a BSc in Mathematics and is certified in Blockchain and Its Applications (SWAYAM MHRD), Cryptocurrency (Upskillist), and NISM Certifications. Jahnu specializes in technical, on-chain, and fundamental analysis, while also closely tracking global macro trends, regulations, lawsuits, and U.S. equities. With a strong analytical background and editorial insight, he drives content that delivers clarity and depth in the fast-evolving world of digital finance.

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