Story Highlights* Dr. Altcoin says Pi doesn’t need to be a $1 stablecoin to work for peer-to-peer payments, as trust and real world utility are more crucial.
Pi doesn't need a 1:1 peg to dollar, as the value will be balanced by supply and demand.
Currently, the network is preparing the v23.01 upgrade and a September 3 mainnet launch.
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Pi Network News: Does Pi Coin Need a $1 Peg to Stay Relevant?
Story Highlights* Dr. Altcoin says Pi doesn’t need to be a $1 stablecoin to work for peer-to-peer payments, as trust and real world utility are more crucial.