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#PI The deadline for SWIFT's migration to ISO 20022 is November 22, 2025. After this date, SWIFT will completely stop using the old MT format, and over 11,000 member institutions worldwide will fully adopt the ISO20022 standard for PPP cross-border WTO payment message transmission. On October 28, Pi officially announced support for the ISO 20022 message format in Testnet2 v23, for future on-chain payment instructions on the Mainnet (such as transfers, KYC binding, and Settlement for institutions). This means Pi is expected to interface directly with the banking system, rather than relying solely on exchanges.
Pi is different from all previous public chains; it is an epic existence of the future! Web2 is built on centralized servers, corporate control, and data utilization. Humans are no longer participants, but resources, reduced to data atoms traded within a closed ecosystem. Now, the Pi web3 network breaks this model. It establishes a human-verified trust network through artificial intelligence and K, rebuilding the foundation of the internet based on the verification of human existence. This is a significant advancement and upgrade in blockchain that will surely be recorded in history!