#PI Pi⚡️China has opened up cross-border payment channels with Hong Kong and the mainland. Hong Kong has also issued stablecoins. This indirectly connects Crypto Assets ~ to exchange for Hong Kong stablecoins ~ Hong Kong stablecoins ~ to exchange for Hong Kong dollars ~ Hong Kong dollars can then be exchanged for RMB through cross-border payment channels. This means that it has indirectly connected Crypto Assets Pi coin to RMB ✅ This is an opportunity for Pi, but also a challenge for the Pi project. The opportunity is that mainland Miners now have a formal and legal channel for deposits, while the challenge is that stablecoins will encroach on the cross-border payments of Crypto Assets ❗️The Pi project party should recognize the situation and accelerate the pace of KYC and mapping migration with a sense of urgency 💥

In this world, the stronger someone is, the more people depend on them. Only by rapidly expanding the community and ecosystem of the Pi project can traditional enterprises rely on the stablecoin ecosystem to connect to the Pi public chain⚡️ Conversely, they will be eaten away by traditional enterprises and traditional financial institutions, through stablecoins, in the global payment business of the Pi public chain㊙️㊙️