Pi Network Explores Stablecoin Uses as PI Trades Below $0.08

Pi Network’s PI token traded near $0.0794 on Oct. 14, below $0.08, while the network’s exploration of stablecoin uses has yet to include a broad rollout or a confirmed integration date. PI was down 18.57% against Tether (USDT) over the 30 days through Oct. 14. That period-wide decline does not establish a connection to the stablecoin plans. On Oct. 8, Pi Network announced work with Open Standard, the company behind OUSD, to explore rewards programs and other potential uses for the stablecoin across its ecosystem.