The Pi Core team also confirmed that the compliance module is in the final stages of sandbox testing. With just one month left until the global transition to ISO 20022, the team plans to release the final version of the product to the public. These modules will ensure interoperability with financial institutions working with SWIFT, thus putting Pi on the same footing as other players such as XRP and Stellar.
The team is also stress testing the decentralized compliance API. This allows third-party developers and financial institutions to check Pi transactions in real-time. This is an important milestone towards institutional implementation.
Pi Bridge and Pi Pay: Real-world on-the-go utilities
To our surprise, the core team delivered two pilot programs: PiBridge and PiPay. PiBridge is an interchain liquidity system that allows Pi to be exchanged for stablecoins such as USDC or fiat-backed tokens. PiPay, on the other hand, is a mobile-first payment application being tested in Nigeria, Vietnam, and the Philippines. This allows users to easily pay merchants using Pi and convert directly to local currency through partner gateways. Regional regulators are closely monitoring these pilots, which have already generated more than 100,000 transactions in the first two weeks.
Institutions signal fintech partnerships and regulatory discussions
Pi Network has already signed nondisclosure agreements with two Asia-based fintech companies (names not disclosed) to test remittance routes and microfinance. These companies are reportedly evaluating Pi because it integrates with their existing mobile banking systems. At the same time, the Pi core team has already started regulatory discussions in Kenya, Indonesia, and Colombia, and is working on the topics of sandbox licensing and digital asset classification. Analysts believe these premature actions could mean Pi will become a so-called compliant crypto asset in emerging markets.
From pioneer to participant
Pioneers More than 50 million strong users of Pi are no longer mining, they are trading. Marketplace Community-run markets have popped up in more than 30 countries, where users use Pi to sell goods, services, and even digital art. Pi DEX, which remains in closed beta, is expected to be publicly available by December, allowing for peer-to-peer swaps and liquidity farming. The roadmap remains ambitious. ISO 20022 activation will take place on November 22nd, but insiders believe the open mainnet release will be strategically delayed to Q1 2026 to allow for regulatory extensions and infrastructure hardening. Still, the tide is indisputable. As compliance, community, and capital begin to work together, the Pi Network is no longer a hypothetical experiment, but one of the participants in the race to redefine the world’s digital finance.