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Cryptocurrency News Articles
Pi Coin Adoption Explodes: Korean Retailers and US Realty Firm Now Accept Payments
Apr 12, 2025 at 04:44 pm
Pi is no more a mere crypto, which is confined to the limited space of trading or speculation. Reports reveal that Pi Coin is now being used for real payments.
In a major shift from speculation to utility, Pi Coin, one of the most sensational coins in 2025, is gaining real-world traction.
Businesses in South Korea and the United States are now accepting the token for everyday transactions, highlighting Pi Network’s growing presence in the digital economy.
Curious to know more? Read on!
Pi Coin Adoption Explodes: Korean Retailers and US Realty Firm Now Accept Payments
While the narrative around Pi has largely been focused on its performance and potential in the crypto sphere, it seems that the token is now being used for real-world payments.
According to reports, several retailers, particularly skincare stores, in South Korea, have started accepting Pi Coin as a form of payment.
Earlier, there were rumors that Asian retailers were considering various possibilities of using Pi Coin as a form of payment, exploring options like accepting it in addition to fiat currency or offering a discount for payments made in Pi.
However, it appears that at least some stores have already begun accepting the token for standard transactions.
This development underscores the growing presence of Pi Network in the digital economy, venturing beyond the realm of speculation and venturing into the domain of everyday transactions and consumption.
Moreover, in the US state of Florida, Zito Realty, a renowned real estate company, has announced its decision to accept payments in Pi Coin, note reports.
Florida is known for its pro-crypto stance. Recently, Florida’s Insurance and Banking Subcommittee cleared a bill advocating for the creation of a state-level Bitcoin reserve. This is the first state Bicoin reserve bill to pass the House committee with zero votes against it.
The bill, HB837, aims to mandate the Florida Treasury to invest a portion of the state’s idle cash reserves in Bitcoin.
The move underscores the growing support for cryptocurrencies at the state level in the US.
Fintech Platforms Like Banxa Simplify Pi Access
Furthermore, to facilitate the use of Pi among regular consumers, fintech platform Banxa has begun offering Pi Coin through cards and digital wallets.
Recently, Banxa purchased no fewer than 30.5 million Pi Coins, which amounts to nearly $19 million.
This move comes shortly after Banxa announced its participation in a $32 million funding round for blockchain startup Aexa.
By allowing direct buying and selling, the platform is supporting the transformation of Pi into a currency with real market value.
This development signifies the increasing mainstream adoption of cryptocurrencies as a viable means of payment and investment.
Technical Outlook: What Price Charts Say About Pi Coin
Even though when Pi intally hit the market, it created extreme excitement, with a 2,524% growth within seven days of its launch, since February 27, the price of the token has slipped over 76.65%.
Currently, the price stands at $0.6575 – around 552.183% above where the price was on February 20 (the day that the token hit the market).
Anyway, in the last seven days, Pi has seen a surge of 42%. In the last 24 hours alone, the price has grown over 10.3%.
The RSI of Pi stands at 42.84. This implies that there is enough room for growth in the Pi market.
According to technical analysts, if the Pi price manages to break above a key Fibonacci retracement level of $0.73, it could trigger a bullish rally.
A move above this level may propel the Pi price to reach a new high at $1.26.
In conclusion, as Pi Network continues to gain trust through practical adoption and fintech integrations, it may evolve from a grassroots crypto project into a mainstream contender – offering both utility and long-term value for users and investors alike.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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