On March 27, 2025, PiChain Global released a major update to its PCM Wallet app, enhancing user experience and facilitating cryptocurrency transactions.
New Features in PCM Wallet
The latest version of the PCM Wallet, described in PiChain Global's X post, includes several improvements to make digital asset management more efficient for Pi Network users. The app has been rebuilt using Flutter, a cross-platform framework that delivers smooth and responsive user interfaces. One of the standout features is the introduction of unique Pi deposit addresses through muxed accounts, allowing users to manage their Pi balances more effectively within the wallet. Additionally, a new Trading Account feature enables seamless deposits and withdrawals of Pi.
Pi Network Community Reactions
The PCM Wallet update has generated various reactions from the Pi Network community on X, with many users expressing excitement about utilizing the new features. However, some users were skeptical about the protocol’s development, citing issues about its KYB (Know Your Business) registration. PiChain Global had previously announced its application for Pi Network’s KYB to strengthen its ecosystem.
PCM Wallet's Role in the Pi Network Ecosystem
The PCM Wallet is a non-custodial Web3 wallet designed to serve as a gateway to PiChain Global’s ecosystem. It enables secure transactions while prioritizing user privacy. The wallet supports global payments, offering a cost-effective solution for cross-border and local transactions. Pi Network, the broader ecosystem, allows users to mine Pi coins directly from their mobile devices. As of early 2025, Pi Network ranks as the 22nd cryptocurrency by trading volume, with over $240 million traded in the last 24 hours, according to CoinMarketCap.
The PCM Wallet update marks a significant step forward for PiChain Global and the Pi Network community, offering new tools to manage digital assets more effectively.
