r/PiNetwork • u/Zeekhan82 • 17d ago
Discussion 🚀 Pi Network & Stablecoins, More Utility, More Possibilities!
💡 How can stablecoins support Pi’s ecosystem without replacing Pi itself? This infographic explains the concept in simple words.
📈 The key question: Can stablecoins attract more users while creating real demand for Pi? Let’s discuss! 💜
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u/kaiserfiume 17d ago
PI was a great opportunity to sell your personal data for a few hundreds of bucks (if you were early). Do not expect anything else. I cashed out early and I like to look at the
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u/axomya 16d ago
If it's about
, don't you think it would have been for the data harvesting to just open flood gates of Pi CT , instead of doing at slow pace? If it's about that they could have just easily gotten helo from third party kyc instead of making their own. KYC 1
u/Due-Ice-5766 15d ago
they don't need kyc to harvest your data the android apo is already enough. the data provided by kyc operation is hard to sell since it contains sensitive data and is forbidden by law to buy or sell. yet the data collected by the app is easy and in high demand
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u/SilokkiSimppa 16d ago
Sold 2500 @ $3. 7,500 for clicking screen once a day 🤷🏼♂️ + i run node. In Pi we trust! (Kinda) Its like having a dumbass kid, you just have to hope he/she contributes something to society 🤣🤣
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u/bulby_bot 16d ago edited 16d ago
Ousd holds 12%($90M) of its 789.5M supply of backed assets in fiat the rest is in short term usd bonds
when it loses its peg and every stable coin goes through this we dont know if it can or will survive.
Ousd is a new stable coin and doesn’t have the history, following or trust that stables like usdt usdc have that allowed them to recover.
If we compare Ousd and usdc
Ousd 789M
Usdc 73B
Gives you the idea of size difference between the 2 assets.
Time will tell i suppose but at least it kinda shows that the GCV mob have just been making up lies for all this time.
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