HTX is ditching PI IOU trading, swapping holdings for USDT (1:61.28). PI’s real mainnet is coming, and HTX promises to list the actual token once it’s live. Stay tuned!
HTX just made a bold move—it’s delisting PI Coin’s IOU version and swapping user holdings for USDT at a 1:61.28 rate. The exchange will stop all PI IOU trading on Feb 13 at 08:00 UTC, automatically canceling open orders and crediting users’ spot accounts with the converted assets.
Why? The long-awaited Pi Network mainnet is finally in sight. This could be a game-changer, moving Pi from its closed system to a completely decentralized blockchain. As hype builds, HTX is leading the way for the real PI token, which they assured will be listed ASAP on mainnet launch.
Retail investors are paying close attention as Pi Network has been gaining traction for years. Unlike most crypto projects, Pi lets users mine coins on their phones without upfront investment—hence its massive user base.
Meanwhile, PI IOU has been struggling, dropping 21% in just a day, making HTX’s move even more significant. For now, PI fans just have to wait for the official token to drop. HTX says, “Stay tuned.”
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