Pi Network fiat purchase function latency! Onramp Money integration confirmation in progress, officially launching in the second/third week of August.

Onramp Money released a statement regarding the "coin purchase not credited" issue raised by Pi Network users, confirming that the integration of Pi is still ongoing, and the official launch is scheduled for the second or third week of August 2025. The platform urges Pi Pioneers to suspend coin trading until the official launch and promises that all pending transactions will be processed automatically after the integration is complete. This issue highlights the challenges faced by the newly launched "purchase" feature of the Pi Wallet (in collaboration with Banxa and Onramper) during its initial phase, especially the situation reported by Vietnamese Pioneer users where the fiat deduction took over 4 days without credit.

Complaints about unreceived coin purchases surge, Onramp responds: Integration in progress In response to the recent feedback from a large number of Pi Network users (especially the pioneers in Vietnam) regarding the issue where the fiat account was deducted after purchasing Pi coin through Onramp Money, but the Pi Wallet has not shown the funds for over 4 days, Onramp Money released a statement on the official X platform. The company confirmed that it has received multiple related inquiries and explicitly stated that the integration work for Pi Network is still ongoing and has not yet been officially completed. They emphasized that all transactions that appear to be "stuck" will be automatically resolved once the integration goes live.

Key Call: Suspend Coin Purchases and Wait for the Official Launch in August Onramp Money made a key note in its statement: urging Pi pioneers to avoid making any new purchase transactions before the platform officially launches the Pi coin purchasing service. The platform expects the integration to officially go live in the second or third week of August 2025. All official progress updates will be released only through its certified social media channels to avoid confusion and anxiety. This statement responds to users' demand for clearer and more explicit notifications.

The issue arises from the new "purchase" feature in the Pi Wallet The trading issue occurred after Pi Network quietly launched the "Buy" function in the Pi Wallet recently. This function, in collaboration with payment service providers Banxa and Onramper (an affiliate of Onramp Money), promises to provide users with convenient ways to purchase Pi coin using familiar methods such as debit cards, credit cards, or even Google Pay. However, initial integration issues led to some users' transactions not being completed in a timely manner.

Pi Network Global Application Goals and Fiat Channel Cooperation Pi Network has previously announced an official collaboration with Onramp Money, aimed at enabling pioneers to instantly sell Pi coin and exchange it for over 25 local fiat currencies, including Indian Rupee (INR), Mexican Peso (MXN), Nigerian Naira (NGN), Vietnamese Dong (VND), Turkish Lira (TRY), and Euro (EUR). This is a key step for Pi Network in connecting digital assets with the traditional fiat economy, allowing global pioneers to access consumable value more quickly. It also highlights its vision of transforming the mined Pi coin into a currency for everyday transactions, helping to build a decentralized ecosystem that is as simple as traditional banking.

Challenges and Expectations Coexist, Brand Update Sparks Speculation Despite the pioneers cheering for the Pi coin's move towards real-world applications, the launch of this feature has also exposed the Pi Network's often-criticized issues with pace control and communication. Critics have pointed out that the platform should have kept the 'buy' button unavailable until the functionality was fully ready. It is also worth mentioning that Pi Network recently updated its brand cover image, which community members view as a visual statement of the project's expansion into its Open Mainnet phase. Currently, pioneers need to follow Onramp Money's advice and suspend purchasing Pi coins through its channels, awaiting the official green light in August. The company assures that all pending transactions will be resolved once the service is launched.

Conclusion: The brief setbacks in the integration of Onramp Money and Pi Network highlight the complexity of the large-scale application of cryptocurrency. Although the waiting period before the official launch in August requires user patience, the improvement of the fiat purchase channel for Pi is a key leap for the Pi ecosystem to bridge with the real economy. With the integration completed and potential progress towards an open mainnet, whether Pi Network can fulfill its promise of creating a cryptocurrency for everyday circulation remains to be seen by the market. Users should currently closely monitor official channels to avoid engaging in unofficial transactions.