Posteo
hydellmills
Everyone's shouting "Pi stablecoin" like PI is getting replaced. It's not.
OUSD is a dollar stablecoin that went live Sept 30. Issued by Bridge (Stripe's company), reserves held at BlackRock and BNY, 200+ partners behind it. Pi is only exploring it for payments and Pioneer rewards. PI stays the main coin.
Back home this makes sense. A mama mboga can't price sukuma in a coin that swings 10% in a week. Stable dollar for the till, PI for the upside.
$PI
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