Pi Network is back! MEXC Lists Pi coin with Trump-Backed USD1

MEXC, a cryptocurrency exchange, has announced that PI/USD1 and SOL/USD1 trading pairings would be available from today, May 27. This means that users may now trade Pi Coin directly against a new stable currency called USD1.

MEXC Lists Pi coin with Trump-Backed USD1, Source: X

This listing could help Pi gain credibility and wider adoption. It gives the Pi community access to regulated liquidity, meaning it’s easier to trade with real-world value. It also increases the chances that institutional investors and traditional finance players may take notice. To celebrate the listing, MEXC is offering zero trading fees for these new pairs until June 26.

World Liberty Financial, located in Miami, released USD1 as a stablecoin in April 2025. It is backed by actual assets such as US Treasuries and cash, ensuring that its value remains constant at $1. The coin is tied to the Trump family, as Trump-owned firms control 60% of the corporation and receive 75% of coin earnings. The corporation is purportedly run by Eric Trump and Donald Trump Jr.

Despite the news, Pi’s price has dropped 3% in the last 24 hours and is currently around $0.74. It recently reached a high of $1.57 earlier this month but is now moving sideways. Experts believe Pi will face tough resistance at the $1 level soon.

Also Read: Pi Network Adds New Mainnet Apps and Account Recovery Option