Pi Network Speeds Up KYC With AI as Bitget Enables PI Collateral

Pi Network has rolled out a major upgrade to its Standard KYC system by integrating new AI tools directly into the validation process. The update uses the same technology that powers Pi Fast Track KYC. As a result, the network has reduced the queue of KYC applications waiting for human validators by 50%. This change directly tackles one of Pi Network’s biggest bottlenecks. In many regions, validator shortages slowed down approvals for months. Now, AI handles the first layer of verification. Only uncertain cases go to human reviewers. That keeps accuracy high while speeding things up.

More importantly, this upgrade unblocks Mainnet migration for millions of Pioneers. Standard KYC is the final gate before users can fully move their balances on-chain. With the backlog shrinking fast, the long wait is finally easing. Pi also confirmed that the AI system remains conservative. It avoids false approvals and still routes sensitive cases to humans. At the same time, it shows less personal data to validators, which strengthens privacy.

17.5 Million Pioneers KYC’d as Mainnet Migration Accelerates

Along with the AI update, Pi Network released new network-wide KYC and migration figures. As of now:

• 17.5 million Pioneers have fully passed KYC
• 15.7 million Pioneers have already migrated to Mainnet

That gap shows millions are still in the final checklist stage. Pi urged fully KYC’d users to complete wallet setup, 2FA, and token acceptance to finish migration. There is also a large group still stuck in the Tentative KYC process. Around 3 million Pioneers fall into this category. Pi clarified that many of them can self-unblock by completing the required liveness checks inside the app. Once done, their cases can move forward automatically under the new AI system. 

Meanwhile, Pi Network also shared an update on validator reward distribution. The first major payout is still under development and targets deployment by the end of Q1 2026. The delay comes from the massive volume of validation data and the need to ensure fairness and security at scale.

Bitget Adds PI as Institutional Collateral With 90% LTV

At the same time, Pi Network gained a major boost on the exchange side. Bitget officially enabled PI as a collateral asset for its institutional loan products, starting December 5. PI now carries a 90% loan-to-value ratio, placing it alongside major stablecoins and high-grade assets. This move allows institutions to borrow using PI as collateral, unlocking fresh liquidity without forcing sales. 

It also signals a shift in how centralized platforms view Pi’s status. High LTV ratios are typically reserved for assets with deeper confidence and lower perceived risk. The update puts PI in the same collateral tier as PYUSD, DAI and other established tokens. That alone changes how professional traders and funds can deploy Pi exposure.

What This Means for Pi’s Next Phase

Together, these two updates mark a shift in Pi Network’s trajectory. On one side, AI-powered KYC removes the biggest operational brake on Mainnet growth. On the other hand, Bitget’s collateral approval introduces real financial utility at the institutional level. Faster KYC means faster migration. Faster migration means more real wallets. More wallets mean higher on-chain activity once the full ecosystem opens. Meanwhile, PI-backed loans introduce leverage, liquidity and yield strategies that did not exist for Pi before.

The timing is not random. As Pi Network closes in on broader Mainnet functionality. The network is tightening identity verification while exchanges quietly integrate financial rails. The pieces are moving into place. Pi is no longer just scaling users. It is now scaling infrastructure, compliance speed and financial utility at the same time and that combination changes the game.