Are Pi Network Pioneers Jumping the Gun on the Chainlink–Mastercard Deal?
Pi Network’s integration with Chainlink and Mastercard’s new partnership has sparked optimism among Pioneers, but some analysts caution that the potential for fiat access and true utility is still unproven, with price gains based on speculation.
Pi Network community members, the colloquial Pioneers, lit up this week excitedly over Mastercard’s recent partnership with Chainlink (LINK).
However, if history is enough to go by, the euphoria may be premature, with expectations likely to fall through.
Pi Network Pioneers See Opportunity in Chainlink’s Mastercard Deal
Mastercard and Chainlink united to bring billions on-chain, unveiling a new product called Swapper Finance. The platform will allow 3.5 billion Mastercard cardholders to purchase crypto assets directly on-chain, using Chainlink’s secure, real-time infrastructure.
We’re excited to announce that Chainlink and @Mastercard have partnered to enable billions of cardholders to purchase crypto directly onchain.https://t.co/1pKz03jQ7t Chainlink verifies and synchronizes key… pic.twitter.com/5jfLAAYn4D
— Chainlink (@chainlink) June 24, 2025
“I found Chainlink to be an incredibly quick partner on this in terms of coming up with solutions … The velocity and number of apps that can get on the platform will exponentially increase,” said Mastercard’s Head of Crypto Blockchain Raj Dhamodharan.
The general sentiment is that this TradFi-to-DeFi bridge could be the missing link to mass adoption. However, nowhere was the reaction more intense than among supporters of Pi Network, the mobile-first blockchain boasting over 60 million users worldwide.
For Pioneers, the Chainlink-Mastercard deal positions the Pi Network at the cusp of mass adoption. Why? Pi Network was already integrated into Chainlink’s Data Streams earlier this year.
“Chainlink has officially supported the real-time data streaming service of $PI coins…This is a big step for the ‘open financialization’ of Pi coins,” wrote Pi Barter Mall.
The pioneer referenced the live price feed available at data.chain.link.
Live Pi Coin Price on Chainlink. Source:
data.chain.link/streams/pi-usd
The Pi community sees a clear line connecting the dots. With Mastercard trusting Chainlink’s infrastructure to bridge fiat and crypto, and Pi Network already using that same infrastructure, Pi Coin may be next in line for direct fiat access.
For Pioneers, that means real utility and possibly real price appreciation. Jatin Gupta, a vocal Pi supporter, spelled out the implications.
“Pi Network + Chainlink Data Streams… unlocks massive potential for Pi’s 60M+ users in the #DeFi space,” the pioneer stated.
Gupta also highlighted that Chainlink’s integration opens up use cases like real-time DEX trading, lending platforms using Pi as collateral, and tokenization of real-world assets (RWA) on Pi’s blockchain.
In the same tone, Mr. Spock Pi, a prominent voice in the Pi Network community, echoed the sentiment.
“Mastercard and Chainlink Partnership Signals a New Era — Pi Network Is Already Aligned… This isn’t just a major win for crypto—it’s a giant leap forward for Pi Network and its global community,” wrote Mr. Spock Pi.
Pi Coin Price Rebounds, but Is the Optimism Justified?
Fueled by this narrative, Pi’s price has rebounded over 30% this week, according to data from the OKX exchange. Meanwhile, data on CoinGecko shows Pi Coin selling for $0.6099 as of this writing, up nearly 15% in the last 24 hours.
Pi Network (PI) Price Performance. Source:
CoinGecko
This surge suggests that for Pioneers, Chainlink’s Mastercard deal appears to validate years of patience and belief in Pi’s mission of financial inclusion and mainstream usability.
However, despite the growing excitement, some analysts caution that the Pi community may be getting ahead of itself.
When Chainlink announced support for 22 new assets via Data Streams in April, it included a wide range of tokens.
In just the past week, 22 new assets became supported by Chainlink Data Streams ↓ pic.twitter.com/PewDOe0twu
— Chainlink (@chainlink) April 12, 2025
Some of them, including OMG, NEO, and RVN, did not experience any significant price movement or ecosystem breakthrough. Yet, none of these tokens saw the kind of frenzied reaction that Pi Network did.
Moreover, while Pi Network’s integration allows developers to use PI market data on other chains, it does not yet enable fiat purchases or on-chain trading for Pi Coin through Mastercard or any other mainstream payment rails.
While the infrastructure is promising, the use cases remain theoretical for now.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Dollar breaks 0.69 as hot US CPI raises 50-bp Fed hike risk
Philadelphia Fed President Paulson supports gradual rate hikes but warns inflation is still “stuck ” above target
Core inflation is "stuck" in the 2.5%-3% range, with triple pressures from tariffs, energy, and AI data center demand. Paulson insists on gradual rate hikes while setting clear trigger conditions—if inflation expectations shift upwards or wage pressures build, he will move more quickly. Meanwhile, Governor Waller stated that if October's core CPI rises 0.3% month-on-month, a 50 basis point rate hike in December should be considered. Dallas Fed's Logan said at least two more rate hikes are needed.
During Anthropic IPO roadshow, OpenAI also discloses financial data: Q3 revenue falls short, losses far exceed expectations
OpenAI's revenue in Q3 reached $10 billion, marking a nearly 50% quarter-on-quarter increase. Its annualized run rate is approximately $50 billion, but operating losses have expanded from $10.1 billion to $10.9 billion. Competitor Anthropic has begun its IPO roadshow, with Q3 revenue of $17 billion and losses of only $567 million, leading in both scale and profitability.
Petrobras (PBR.US) Achieves Record Oil and Gas Production in Q3; Adjusted Net Profit Up 78% Year-on-Year, Raises Full-Year Production and Capital Expenditure Guidance
Petrobras released its Q3 2026 financial results after the US market close on November 10.
Crypto prices
More
