PiChain Global, a leading player in the Pi Network ecosystem, has released a major update to its PCM Wallet app on March 27, 2025. The update brings improved user experience and streamlined cryptocurrency transactions for Pi Network users. announced via X, this update has generated excitement among the community. The latest version of the PCM Wallet, built using Flutter, introduces several key enhancements, including unique Pi deposit addresses through muxed accounts. This allows users to manage their Pi balances more efficiently within the wallet. Additionally, a new Trading Account feature enables seamless deposits and withdrawals of Pi. However, a daily transfer/withdrawal cap of 200 Pi has been implemented to ensure stability during the initial launch. PiChain Global states this limit will be increased soon to meet user demand, thanking the community for their patience. A tutorial video was shared in a follow-up post, offering step-by-step instructions on navigating these changes, ensuring all users can benefit from the features of the new app. The PCM Wallet update has sparked varied reactions on X, with many users expressing excitement while some remain skeptical regarding the protocol’s KYB (Know Your Business) registration. PiChain Global has previously announced its application for Pi Network’s KYB to strengthen their ecosystem. As a non-custodial Web3 wallet designed to serve as a gateway to PiChain Global’s ecosystem, the PCM Wallet enables secure transactions while emphasizing user privacy. It supports global payments, offering an affordable solution for cross-border and local transactions. Pi Network, the broader ecosystem behind PCM Wallet, allows users to mine Pi coins directly from their mobile devices. With over $240 million traded in 24 hours as of early 2025 (according to CoinMarketCap), Pi Network ranks as the 22nd most traded cryptocurrency. The PI/USDT pair is actively traded on over 20 exchanges, including Gate, with daily trading volume reaching $102 million, according to the exchange’s records. The PCM Wallet update marks a pivotal advancement for PiChain Global and the Pi Network community, providing new tools for managing digital assets more efficiently. As Pi Network continues to evolve, finding the right balance between innovation and community engagement will be crucial in achieving its long-term success.