Mthy Cafe Roast & Toast Becomes First Malaysian Restaurant to Accept Pi Network’s Native Token as Payment

In a groundbreaking move that signals the growing adoption of cryptocurrency in Malaysia, Mthy Cafe Roast & Toast, located at 43 Jalan Jejaka 5, Taman Maluri, Kuala Lumpur, has announced its decision to accept Pi Network’s native token, Pi coin, as a form of payment.

This development marks a significant milestone for both the Pi Network and the cryptocurrency community in Malaysia. Mthy Cafe’s decision to embrace Pi coin underscores the increasing recognition and acceptance of digital currencies as legitimate mediums of exchange in mainstream commerce.

A restaurant in Malaysia agrees to exchange with Picoin Address: Mthy Cafe Roast & Toast 43,jalan Jejaka 5, Taman Maluri, 55100, Kuala Lumpur,Malaysia.#PiNetwork @PiCoreTeam pic.twitter.com/Rid1XZ0BEG

— drealFx || Pi 💵 (@okere_eberechi) April 7, 2024

“We are excited to pioneer the acceptance of Pi coin at Mthy Cafe Roast & Toast,” said the restaurant’s owner, Mr. Li. “As advocates for innovation and convenience, we believe that embracing cryptocurrency payments aligns with our commitment to providing our customers with modern, hassle-free dining experiences.”

The decision to accept Pi coin comes at a time when cryptocurrencies are gaining traction worldwide, with growing interest from consumers, businesses, and governments alike. By offering customers the option to pay with Pi coin, Mthy Cafe aims to cater to the evolving preferences of its tech-savvy clientele while also fostering greater awareness and adoption of digital assets in Malaysia.

“We see great potential in cryptocurrencies like Pi coin to revolutionize the way transactions are conducted, offering benefits such as reduced transaction fees and enhanced security,” added Mr. Li. “By embracing this emerging technology, we hope to stay ahead of the curve and provide added value to our customers.”

The announcement has generated buzz within the local cryptocurrency community, with many hailing Mthy Cafe’s decision as a significant step forward for the adoption of Pi coin and other digital currencies in Malaysia. As more businesses follow suit and begin accepting cryptocurrencies, Malaysia could emerge as a key hub for blockchain innovation and fintech development in the region.

In addition to its role in driving cryptocurrency adoption, Mthy Cafe’s initiative highlights the versatility and utility of Pi coin beyond traditional investment purposes. As a medium of exchange accepted by merchants, Pi coin gains real-world utility, further solidifying its position as a viable digital currency with practical applications in everyday life.

As the first Malaysian restaurant to embrace Pi coin, Mthy Cafe Roast & Toast sets a precedent for other businesses to explore the potential of cryptocurrencies and embrace innovation in payment methods. With continued support from forward-thinking merchants and enthusiastic adopters, Pi coin and other digital assets are poised to reshape the future of commerce in Malaysia and beyond. Read Similar Story