The emergence of stablecoins is presenting a significant obstacle to the Pi Network’s aspiration of establishing itself as a worldwide cryptocurrency. Analysts highlight that the stable prices of these coins, alongside increasing regulatory support, make them a formidable challenge for Pi Coin, which is grappling with price volatility and adoption hurdles.
Continue Reading:Stablecoins Threaten Pi Network’s Global Goals
Source: https://en.bitcoinhaber.net/stablecoins-threaten-pi-networks-global-goals