Pi Network is sprinting towards ISO 20022! Connecting with banks before November, 50 million users are welcoming the change.

Pi Network, which has 50 million users, announced plans to fully comply with the ISO 20022 international financial information protocol by November 22, 2025. This strategic decision aims to facilitate smoother integration with traditional banking systems, thereby improving the efficiency of international transactions and better complying with regulatory standards. The plan echoes initiatives from institutions like Ripple and Stellar.

Why the ISO 20022 Standard is the Key Breakthrough for Pi Network

(Source: Meyka)

ISO 20022, as a unified financial information exchange protocol, plays a crucial role in updating the global payment landscape. It replaces outdated and fragmented systems such as SWIFT MT in a more unified and structured manner, enabling richer transaction details and faster settlement speeds. For blockchain projects, adopting ISO 20022 is a key step towards achieving compatibility with traditional finance.

By adopting this standard, Pi Network can simplify its connections with banks and financial institutions, thereby promising to accelerate practical applications such as remittances and merchant payments. This integration has multiple strategic implications for Pi Network. First, it addresses the long-standing concerns regarding the “practicality” of the project. Second, it opens the door for Pi Network to enter the mainstream financial market, transforming it from merely a mobile mining application into a true payment infrastructure.

This implementation roadmap is divided into three phases. The preparation phase focuses on upgrading infrastructure to meet ISO 20022 standards, which involves technical adjustments at the protocol level, standardization of data formats, and strengthening of security mechanisms. The launch phase will coordinate with banks during the official transition period to ensure that Pi Network can seamlessly connect with the systems of traditional financial institutions. The promotion phase expands application scenarios, such as international remittances, cross-border payments, and merchant settlements.

Pi Network ISO 20022 Integration Three Phases

Preparation Phase (Q1-Q2 2025): Upgrade protocol, standardize data format, strengthen security mechanisms

Launch Phase (Q3 2025): Coordinate with banks for integration, test interoperability, obtain regulatory approval

Promotion Phase (Q4 2025 - 2026): Expand international remittances, cross-border payments, and merchant settlement application scenarios.

According to CoinPedia, the timeline aligns with SWIFT's global migration deadline, ensuring that Pi Network keeps pace with the evolving financial industry. Experts believe that this upgrade is expected to enhance Pi Network's reputation, especially after facing skepticism during its early development.

OpenMind Collaboration Opens a New Era of AI Computing Power

The strategy of Pi Network goes far beyond merely complying with regulatory requirements. Recently, the network partnered with OpenMind, a robotics company dedicated to developing an open-source operating system for artificial intelligence devices. This collaboration leverages the more than 350,000 active nodes of Pi Network around the globe to provide support for artificial intelligence tasks such as image analysis.

Node operators can now earn Pi tokens by providing computing power, transforming the network into a decentralized artificial intelligence processing platform. This model creates a win-win situation: OpenMind gains distributed AI computing resources, while Pi Network node operators earn an additional revenue source beyond mining. This expansion of practical application scenarios provides real economic value support for Pi tokens.

This collaboration highlights Pi Network's broader vision of integrating blockchain technology with practical applications ranging from robotics to decentralized finance. Image recognition is just the beginning; in the future, this decentralized computing grid can support more AI workloads, including natural language processing, machine learning model training, and scientific computing tasks that require substantial computational resources. This transformation from a purely payment network to a comprehensive decentralized infrastructure is at the core of Pi Network's differentiated competitive strategy.

Market Reaction: Prices Rise but Cautious Sentiment Remains

The market's reaction to these announcements has been mixed. The price of Pi Network has risen by 16% in the past day, reaching $0.2661, indicating initial recognition of these strategic initiatives by investors. Derivative data shows that market optimism is growing, with CoinMarketCap data indicating that 92% of users hold a positive outlook. This high percentage of bullish sentiment is uncommon in the cryptocurrency market, reflecting the strong cohesion of the Pi Network community.

However, concerns about long-term price volatility still exist. The price of Pi tokens also fluctuates with the overall trends of the cryptocurrency market, including profit-taking following the Federal Reserve's announcement of interest rate decisions. This volatility indicates that, despite positive news, Pi Network is still unable to completely escape the influence of the macroeconomic environment. Analysts emphasize that the future of Pi Network will depend on the continued development of the ecosystem and regulatory transparency.

The sources of cautious sentiment are multifaceted. First, the Pi Network has long been questioned due to its “mining” model and delays in the launch of its mainnet. Second, despite having 50 million users, the level of activity and actual use cases remain limited. Third, the integration of ISO 20022 and the AI computing network are ambitious plans, and whether they can be completed on time and achieve the expected results is still uncertain.

Analysis of the Competitive Landscape with Ripple and Stellar

Skeptics remain cautious, comparing Pi Network with established blockchain payment solutions like Ripple and Stellar. The decentralized systems of RippleNet and Stellar have met the ISO 20022 standards, enabling fast and low-cost international payments. Ripple's XRP has already established partnerships with hundreds of financial institutions, while Stellar has mature use cases in the field of cross-border remittances.

In comparison, Pi Network is at a disadvantage in terms of technical maturity, institutional adoption, and regulatory recognition. However, the large user base of Pi Network and its emphasis on convenience for mobile devices allow it to stand out, especially in areas with limited access to banking services. The mobile-first strategy of Pi Network targets populations that are not adequately covered by traditional financial services, which represents a large but underserved market.

By combining community-driven innovation with artificial intelligence and financial standardization, Pi Network aims to occupy a unique position in the global payment space. If the integration of ISO 20022 is successfully executed and the AI computing power network is expanded, Pi Network could create a new business model: a payment network, a decentralized computing platform, and a mobile-first financial services gateway. This trinity positioning is an area that neither Ripple nor Stellar has explored.

Challenges and Opportunities of the Deadline in November 2025

As the deadline in November 2025 approaches, Pi Network must strike a balance between rapid technological advancements and regulatory requirements. Completing the ISO 20022 certification on time and expanding artificial intelligence capabilities is crucial for its long-term development. This timeline is ambitious, but not impossible. The Pi Network team needs to advance simultaneously in several areas, including protocol upgrades, banking integration, and regulatory approvals.

Currently, this integration marks significant progress in linking decentralized finance with mainstream banking services. For the entire cryptocurrency industry, Pi Network's attempt provides a valuable case study: Can a mobile-first blockchain project successfully transition to payment infrastructure that meets traditional financial standards? The answer to this question will gradually unfold over the next few months.