Pharos Network Partners with Circle to Promote the Construction of an Open and Inclusive Global RealFi Settlement System
Pharos Network, a financial-grade Layer1 blockchain, has announced the integration of USDC and Circle's Cross-Chain Transfer Protocol (CCTP) into its mainnet, The Pacific Ocean. This move introduces institutional-grade stablecoin settlement capabilities and enables seamless cross-chain liquidity across more than 20 supported blockchains. USDC, a fully reserved and transparent dollar-backed stablecoin, will serve as a core asset for real-world asset (RWA) tokenization, DeFi trading, lending, and global payments.
By eliminating the need for third-party bridges or wrapped assets, CCTP enhances security and capital efficiency. The integration allows developers to build lending markets, structured products, and global payment networks on Pharos Network. It also gain access to compliant on-chain RWA markets, while users benefit from broader real-world financial opportunities.
Additionally, Pharos Network has launched a $10 million ecosystem incubation program to support native application development. The foundation aims to build an open, transparent, and inclusive global RealFi settlement infrastructure, facilitating the flow of institutional-grade assets on-chain.
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