Pi Network boosts Pi token distribution via KYB-approved fiat on-ramps like Banxa and TransFi to strengthen its compliance strategy.
In a calculated move to improve its Pi token distribution strategy, Pi Network is now concentrating on fortifying its Know Your Business (KYB) approvals.
Fiat onramp providers include Banxa and TransFi Onramp.Money and Onramper have just received KYB clearance, suggesting a dual distribution model emphasizing accessibility, compliance, and real user interaction.
The objective is to reduce speculative trading and prioritize the Pi ecosystem’s practical applications.
Pi Network Prioritizes Ramps That Are KYB-Approved
According to the Pi Core team, the distribution approach for Pi tokens is changing.
They send tokens to the KYB-approved partners’ wallets rather than releasing them in bulk to centralized exchanges (CEXs).
Speculative risks can be avoided with this token distribution approach, according to well-known community member Dr. Altcoin.
As the Pi Core team encourages users to finish KYC for mainnet migration, attention is drawn to the dual distribution framework, KYB for businesses and KYC for users.
The existing onramp and KYB platforms, such as TransFi Onramp and Banxa.
Money and Onramper support more than 170 payment methods and provide services in more than 100 countries.
This would preserve regulatory supervision while giving Pi tokens wider access.
Dr. Altcoin said this methodology would enable Pi Network to grow internationally while lowering its exposure to speculative manipulation, price volatility, and liquidity-driven whale trading.
This strategy differs from conventional cryptocurrency launches that oversupply exchanges with tokens.
Instead, Pi’s approach directs supply to individuals and companies that want to use Pi for ecosystem functions.
This covers using Pi tokens for peer-to-peer transactions, in-app purchases, and services. Dr. Altcoin discussed the development and said:
“By requiring KYB (Know Your Business), Pi ensures that only verified and legitimate businesses can participate in its blockchain operations, creating trust and protecting Pioneers from scams and fraudulent actors. Only KYB verified businesses can operate Pi Wallets on the Mainnet and engage in blockchain transactions”.
Distribution Of Pi Tokens Won’t Be Centered On Central Exchanges (CEXs)
Although they will continue contributing to liquidity, CEX listings are an adjunct to Pi’s distribution strategy rather than its primary component.
Pi Network is positioning itself as a possible example of how digital currencies grow in a regulated setting by emphasizing trust, compliance, and practical utility.
Dr. Altcoin pointed out that its dual distribution strategy may be used to develop cryptocurrency initiatives that connect blockchain technology with traditional business.
Alongside the Stellar Protocol 23 upgrade, a significant improvement to the Pi Network infrastructure is planned.
The Pi Core team is also taking more aggressive action to combat false information.
The team has issued an open call to inform the general public about fact-based content in the most recent email sent to community members.
The price of Pi Coin has increased by 5% today amid the rebound of the larger cryptocurrency market.
Bullish trader optimism is evident from the daily trading volume, which has increased 63% to $78 million.
