Zito Realty, a Florida-based real estate company led by film producer James J. Zito, now accepts Pi Coin for property transactions. This makes it the second cryptocurrency, after Bitcoin, to be used in real estate deals by the firm. Zito, an early Pi miner, has long supported the idea of bringing digital currencies into everyday use.
Beyond real estate, Pi Coin is now a payment option for car purchases. Cube Motor, a Florida-based car dealership, has started accepting the cryptocurrency. The company has also been listed on Pi Network’s ‘Map of Pi,’ a directory of businesses that use Pi Coin. This signals growing trust in its use as an alternative to traditional payments.
Following these developments, Pi Coin’s value surged by more than 20%, reaching $1.90. Many in the crypto community see this as a sign of its increasing legitimacy. However, concerns remain. Bybit’s CEO has called Pi Network a scam, and Binance faced criticism over a possible listing despite strong community support.
Supporters argue that Pi Coin’s fast transactions and expanding user base will drive long-term growth. While doubts persist, its growing use in real estate and car sales suggests that Pi Coin is carving out a place in the crypto market.
