TL;DR
- Pi Network integrates with the ERC-3643 standard on Stellar, advancing the tokenization of real-world assets and enabling regulated use of its PI token.
- ERC-3643 allows the issuance and management of assets such as stocks and bonds for verified investors, while Stellar provides network speed and support through its Soroban smart contracts platform.
- The collaboration between Stellar and ERC3643 aims to create a globally regulated market for tokenized assets.
Pi Network moves forward in its goal of integrating real-world assets into its ecosystem by aligning with the ERC-3643 standard, which will now also operate on the Stellar network.
The project, running on a modified version of the Stellar Consensus Protocol, seeks to connect its PI token with regulated tokenization tools. Although it is not a hard fork of Stellar, the recent membership of the Stellar Development Foundation (SDF) in the ERC3643 Association opens the door for Pi’s infrastructure to adopt these capabilities.
Pursuing Legitimacy and New Use Cases
ERC-3643, developed by Tokeny, is an open-source framework for issuing and managing permissioned tokens on public blockchains. It meets international regulatory requirements and is designed to support assets such as tokenized stocks, bonds, and other financial instruments that can only be traded by verified investors. Its deployment on Stellar will allow these issuances to leverage the network’s speed and the Soroban smart contract platform.
SDF will collaborate with the ERC3643 Association to promote adoption of the standard. The plan includes technical support for issuers, developers, and institutions to integrate compliant assets on Stellar, as well as extending the standard to non-EVM chains. Interoperability between Stellar and EVM-based blockchains will be central, aiming to create a regulated and globally accessible market for tokenized assets.
For Pi Network, this convergence means access to an infrastructure that could allow its PI token to operate under a legally recognized framework. This would facilitate the trading of regulation-compliant assets and could attract institutional participants seeking legal security and transaction traceability.
PI Token Remains Far From Its ATH
PI’s market performance remains under pressure. In the last 24 hours, its price dropped 2.2% to $0.377, just 14.7% above its nine-day low. Since reaching its all-time high of $2.99 shortly after the mainnet launch in February, the token has lost over 87% of its value.
The combination of Stellar’s technology, ERC-3643’s compliance architecture, and Pi Network’s user base creates a framework with potential for the token to link to regulated financial assets and participate in the growth of global tokenization
