Pi Network integrates SWIFT! $5 trillion daily volume sparks imagination

The cryptocurrency sector is once again generating heated discussions, with social media filled with talks about the possible integration of Pi Network with SWIFT (Society for Worldwide Interbank Financial Telecommunication), the world's largest interbank communication and transfer system. If true, this will completely reshape the global financial landscape. Notably, SWIFT processes over 5 trillion dollars in transactions every day.

What Does SWIFT Integration Mean for Pi Network

(Source: X)

SWIFT (Society for Worldwide Interbank Financial Telecommunication) is a system that allows thousands of banks worldwide to conduct cross-border transactions securely. Established in 1973, this network connects over 11,000 financial institutions across more than 200 countries and regions, serving as the neural network of the global financial system. Every day, the SWIFT network processes over $5 trillion in transactions, including cross-border remittances, securities trading settlements, foreign exchange transactions, and various other financial activities.

If Pi Network integrates with the SWIFT system, it will no longer be just a token that can be mined through mobile devices. Pi is expected to become a globally recognized digital payment tool. Banks can use Pi for transfers, settlements, or as an asset compliant with the ISO 20022 international standard. ISO 20022 is a unified financial information exchange protocol that is gradually replacing the outdated SWIFT MT system, providing richer transaction data and faster settlement speeds.

In short, the Pi Network will transition from a community-based social experiment to a financial tool in the real world. The significance of this transition lies not only in the technical aspect but also in the fact that the Pi Network will gain recognition and trust from the traditional financial system. For the Pi Network, which has over 50 million users, this will be a historic leap from the margins to the center.

The Five Major Impacts of SWIFT Integration

The potential impact of the integration of Pi Network and SWIFT is multi-dimensional. First is the possibility of a value surge. SWIFT processes over 5 trillion dollars in transactions every day, and even if only 0.1% of that transaction volume flows through Pi Network, its transaction volume would exceed that of most mainstream Crypto Assets. In the most optimistic scenario, the price of Pi could reach between 100 to 1000 dollars per coin. This prediction, although radical, is not entirely unfounded, as the exponential growth of network effects and liquidity could bring about a non-linear increase in value.

Secondly, the establishment of global legitimacy. If Pi Network meets the ISO 20022 standard, it will stand alongside major encryption projects such as XRP, Stellar, XDC, and HBAR, immediately gaining institutional credibility. These projects have already established mature use cases in the cross-border payment field, and the addition of Pi Network will bring new competitors to this area. The integration with SWIFT is equivalent to obtaining a “passport” to the traditional financial system, which is a milestone for Pi Network, long questioned.

The third is the expansion of practical application value. Integration with SWIFT will enable instant cross-border transactions, allowing Pi users to send and receive funds globally just like using a digital bank account—quickly, cheaply, and securely. This will address the pain points of current cross-border remittances: high fees, long wait times, and complex processes. For laborers working abroad or small businesses needing cross-border payments, Pi Network could become a better option than traditional banks.

The fourth is the strengthening of regulatory compliance. Joining SWIFT means that Pi Network needs to adhere to strict KYC (Know Your Customer) and AML (Anti-Money Laundering) rules. This will transform Pi into a more regulated and transparent blockchain, thereby connecting traditional finance and decentralized networks. Although this may weaken some decentralized features, it is a necessary compromise for mainstream adoption.

The fifth is the ripple effect in the Crypto Assets market. Investors may view Pi Network as the next-generation XRP investment opportunity, which triggered the initial market volatility. However, in the long run, this could pave the way for institutional investors to continue adopting Pi. If Pi Network truly succeeds in integrating SWIFT, it will prove that mobile-first encryption projects can also enter the mainstream financial system, which will encourage the development of more similar projects.

Five Key Conditions for Integration

This grand blueprint cannot be achieved overnight. The Pi Network must meet several key conditions to integrate into the global financial system through SWIFT. Without these five conditions, the Pi-SWIFT integration remains an exciting topic of community discussion but has yet to become a reality.

Five Essential Requirements for Pi Network and SWIFT Integration

Mainnet Fully Launched and Unlocked: The mainnet of Pi Network must complete all technical upgrades to achieve full decentralized operation and remove restrictions on user balances.

Main Exchanges Stable Liquidity: Pi must be listed on more mainstream CEX exchanges and maintain sufficient trading depth.

Clarity of Regulatory Jurisdictions: Requires regulatory approval and clear legal status from major financial centers such as the United States, European Union, and Singapore.

Formal Partnership with SWIFT: A formal technical and commercial cooperation agreement must be signed with the SWIFT organization.

Regulated Bridge Institutions: It is necessary to establish or collaborate with regulated financial institutions to serve as a bridge between Crypto Assets and traditional finance.

Any one of these five conditions requires a significant amount of time and resources to complete. The full launch of the mainnet involves complex technical testing and community consensus. Listing on an exchange requires passing rigorous due diligence. Regulatory approval may take years of communication and adjustments. A formal partnership with SWIFT requires demonstrating technical reliability and commercial value.

Rational Analysis Between Hope and Reality

From a potential scenario perspective, if the speculation is true, Pi Network will achieve global adoption, with the price potentially growing 100 to 1000 times, realizing significant cross-border remittance utility, fully complying with the high regulatory controls of AML/KYC requirements, and competing with XRP and Stellar in the encryption ecosystem, resulting in a significant shift in market dynamics.

However, it must be emphasized that these rumors are still speculative, and neither SWIFT nor the Pi core team has made any official confirmation regarding this. The Crypto Assets community often sees various exciting speculations and rumors, but only a few can ultimately be realized. The integration of Pi Network and SWIFT sounds very enticing, but investors and users need to remain rational and should not make significant decisions solely based on unverified rumors.

If one day Pi Network is officially recognized by SWIFT as a global payment network, then Pi will elevate from a social mining experiment to a historically significant global financial asset. But until then, this vision remains at the level of “hope.” For supporters of Pi Network, following the actual progress of the project—mainnet status, exchange listings, regulatory approval—is more important than immersing themselves in unverified integration rumors.