Pi Coin Fiat Redemption Not Yet Available, Reports Confirm
- No fiat redemption for Pi Coin as of November 2025.
- Project in Open Mainnet phase; exchange listings pending.
- Community expresses frustration over redemption delays.
The Pi Network remains in its Open Mainnet phase as of November 2025, without the ability for Pi Coin redemption on centralized exchanges, according to official updates.
The ongoing status has generated mixed community reactions, highlighting frustration with delayed redemption, impacting investor confidence and Pi Network’s perceived credibility.
Pi Coin cannot be redeemed for fiat currency on major centralized exchanges. Official updates state the project remains in the Open Mainnet phase, awaiting full listing and redemption capabilities.
Launched by Stanford PhDs, Pi Network is led by Dr. Nicolas Kokkalis and Dr. Chengdiao Fan. Currently, the Core Team has prioritized the migration of tokens to Mainnet rather than addressing fiat redemption.
The lack of redemption has no impact on major cryptocurrencies like BTC or ETH. Pi remains unaffected by newcomer activities, with no reported liquidity or staking surges.
Financial influences are minimal due to the absence of fiat redemption developments. Trust remains focused on ecosystem expansion, and users are hoping for further enhancements in project infrastructure.
Users continue to express mixed reactions regarding the redemption situation. The Core Team is working on enhancing their project ecosystem and scalability, with ongoing efforts impacting community sentiment.
There is a cautious stance regarding any potential competitive landscape as Pi Network’s plans could steer technology and regulation discussions. Historical comparisons to other networks like Ripple highlight the significant journey ahead.
“We have no plans to list Pi due to concerns over its supply transparency.” – Ben Zhou, CEO, Bybit.
