Pi Network has confirmed Onramp.money, TransFi, and Banxa as its sole KYB-verified providers, demonstrating the project's commitment to compliance and security in transactions.
Confirmed Providers
On August 2025, Pi Network confirmed Onramp.money, TransFi, and Banxa as its sole KYB-verified on/off-ramp providers. This information was shared via official channels and the developer portal.
Focus on Compliance
The confirmation of these providers underscores the importance of compliance and standard security for Pi Network, ensuring stability despite no new deals or partnerships. Dr. Nicolas Kokkalis, the head of the team, stated: "Onramp.money, TransFi, and Banxa continue to be our trusted KYB-verified fiat-crypto gateway partners, ensuring our ecosystem complies with global standards and user safety."
Market and Outlook
The decision not to expand the current list of providers may impact market optimism. However, historical data suggests that such updates typically do not lead to immediate valuation surges for the network's native token, PI. Pi Network's strategic approach involves periodic reassessments of its channels, which enhances the ecosystem’s resilience in volatile markets.
Pi Network emphasizes compliance through verified partners, which in turn supports the security and stability of the network's payment infrastructure.
