Pi Coin Surges: Asia Embracing Unregulated Crypto for Daily Purchases
1min read Pi Network’s pi Coin Gains Traction: Payment Acceptance Expands Amid Regulatory Uncertainty
The Pi Network’s native token, Pi Coin, is witnessing increasing adoption by merchants, growing beyond the US to Asia. This marks a surprising move toward mainstream adoption despite unclear regulatory frameworks. Countries like China, Vietnam, South Korea, Thailand, India, and even the United States accept Pi Coin payments. Specifically, individuals and businesses are forging ahead with Pi payments for various goods and services, from coffee to automobiles.
One of the most remarkable examples of Pi adoption comes from China. Reportedly, the BYD Auto Service Co., Ltd. in Changsha City, Hunan Province, is facilitating car sales through full Pi payments. Doris Yin, the pi network Global GCV Movement Founder, confirmed that around 40 Chinese pioneers purchased vehicles at a fixed Global Consensus Value (GCV) of $314,159 per Pi. She also cited financial backing from investors such as Gaoling Group and Sequoia Capital, highlighting a growing confidence in the Pi ecosystem.
Similarly, in Vietnam, small businesses have also started integrating Pi Coin into daily transactions. Queanh Gia Coffee now allows customers to pay in Pi, highlighting the increasing real-world use of the token. A user on X (formerly Twitter) shared that a breakfast set could be purchased for just 0.003 Pi, making transactions affordable and practical.
Elsewhere, in South Korea, Pi Network’s Pi coin is also witnessing growing acceptance. Reportedly, some businesses now allow partial payments using the token. A plastic surgery clinic has begun accepting Pi for 50% of its payment, valuing the coin at around $37 per Pi. Various retail stores and coffee shops have also joined the trend, enabling Pi holders to use their coins in daily transactions.
In the same tone, Thailand recently hosted a shopping event where Pi Coin was used as a means of payment, reinforcing the community’s push for the token’s adoption. Meanwhile, in the United States, businesses in Florida have reportedly started accepting Pi for transactions. These developments mark a significant milestone for Pi Network’s Pi Coin outside the US and across Asia.
While Pi Network’s adoption is gaining momentum, it also draws controversy. Chinese authorities have issued warnings against Pi Network, with some exchange officials labeling it a scam project and raising concerns about its 