“One of the co-founders and the former Tether Riv Collens River will head a new Pi Protocol project. The USP and USP token will be released on Ethereum and Solana in the second half of 2025 or earlier, Bloomberg reports. “We view Pi Protocol as the evolution of” stable coins. ” Tether is extremely successful in demand for steiblcoins. But they leave all income. We believe that after 10 years the market is really ready for development, ”said […]”, – WRITE: Businessua.com.ua
One of the co-founders and the former Tether Riv Collens River will head a new Pi Protocol project. The protocol and token USP will come out on Ethereum and Solana in the second half of 2025 or earlier, Bloomberg reports.
“We view Pi Protocol as the evolution of” stable coins. ” Tether is extremely successful in demand for steiblcoins. But they leave all income. We believe that after 10 years the market is really ready for development, ”the entrepreneur said.
The asset will be provided with RWA revenue, including bonds, cash funds and token insurance products.
“You need assets that do not correlate with cryptocurrency and have medium or high profitability at low risks,” said Pi Protocol CEO Bundip Singh Rzgar.
To maintain the excess security coefficient, an automatic system based on smart contracts was created that estimates the value of assets.
The developers plan to share profit from community activities. In addition to the USP itself, the project provides USI token for users and USPI to participate in management.
According to developers, USPI owners will receive a share of profit in USI tokens generated by a smart contract during the release of USP steiblcoins.
The team and advisers will receive 25% of the USPI offer. Presate of token has already been open.
We will remind, in early February in the Congress of the United States presented a draft law on regulation of stiblcoins.
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