Pi Network Schedules Upgrade, Introduces Stablecoin Usage Limits
Pi Network has announced a two-hour system upgrade and introduced new limits on its stablecoin, aiming to reduce speculation and foster sustainable ecosystem growth.
- System Upgrade: Scheduled two-hour upgrade to improve infrastructure.
- Stablecoin Controls: Caps introduced to discourage speculation.
- Ecosystem Growth: Developers push toward real-world utility.
Pi Network, the mobile-first crypto project with millions of users worldwide, has scheduled a two-hour upgrade window this week to implement key technical improvements. According to official communications, the update is designed to enhance scalability and stability, preparing the network for broader adoption.
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In parallel, Pi Network developers have announced new restrictions on stablecoin usage, introducing limits on transfers and storage. The decision is aimed at curbing speculative activity and ensuring the stablecoin supports genuine utility within the Pi ecosystem.
Community reaction has been mixed. Some users welcome the measures as necessary for long-term stability, while others express frustration at the reduced flexibility. Still, Pi Network maintains that these adjustments will lay the groundwork for future integrations with merchants and financial services.
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