Pharos Network Partners with Circle to Promote the Construction of an Open and Inclusive Global RealFi Settlement System

marsbitPublicado a 2026-03-27Actualizado a 2026-03-27

Resumen

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.

Pharos Network, a financial-grade Layer 1 blockchain, announced today that USDC and the Circle Cross-Chain Transfer Protocol (CCTP) will be deployed on its mainnet, The Pacific Ocean. This integration will introduce mainstream stablecoin settlement capabilities to the network and enable seamless cross-chain fund flows. This move marks a significant step forward in Pharos Network's mission to build an open and inclusive global RealFi settlement system.

The introduction of USDC brings an institutional-grade stablecoin to the Pharos Network ecosystem. As a transparent, 100% reserve-backed dollar stablecoin, USDC will serve as a core settlement and collateral asset in real-world asset tokenization (RWA), DeFi trading and lending, and global payment scenarios. Simultaneously, CCTP will establish native cross-chain connectivity between Pharos Network and over 20 supported blockchains, providing more than 400 secure transaction paths. By eliminating the reliance on third-party cross-chain bridges or wrapped assets, CCTP helps enhance asset integrity and capital efficiency.

With USDC integrated at the protocol layer for settlement, developers can build lending markets, structured financial products, and a 24/7 global payment network on Pharos Network. Institutional funds can access on-chain RWA markets through compliant infrastructure, while global users will gain access to real-world financial opportunities.

The integration of USDC and CCTP is expected to unlock diverse financial application scenarios within the Pharos Network ecosystem. In tokenized financial markets, USDC can serve as the primary settlement and collateral tool for assets such as government bonds, private credit, and commodities, while providing liquidity support for DeFi trading and lending. Beyond trading, merchants and payment service providers can leverage USDC for efficient settlement, benefiting from its transparent reserves and redemption mechanisms. Meanwhile, CCTP will support the seamless transfer of USDC between Pharos Network and other chains, enabling funds to flow freely across different ecosystems, thereby improving liquidity management efficiency and facilitating the distribution of RWA across chains.

Wish Wu, a member of the Pharos Network Foundation, stated: "RealFi requires both a trusted settlement system and global accessibility. The integration of USDC and CCTP will bring institutional-grade reliability to Pharos Network while making this reliability more accessible to global developers and users. Our vision has always been to build truly inclusive infrastructure to support the development of real-world financial markets."

With the deployment of USDC and CCTP completed, Pharos Network is now fully open to developers, financial institutions, and enterprises, providing compliant, stable, and high-performance infrastructure to support the development of real-world financial applications. To further drive ecosystem growth, Pharos Network has also launched a $10 million ecosystem incubation program to support developers in building native applications.

By introducing USDC and CCTP to enable secure cross-chain fund flows, Pharos Network is building the underlying infrastructure for RealFi, enabling institutional-grade assets to circulate on-chain while being accessible to global users, accelerating the transition of real-world finance towards openness, transparency, and inclusion.

About Pharos Network

Pharos Network is a Layer 1 blockchain designed for real-world financial applications, dedicated to enabling seamless interaction between on-chain systems and institutional-grade assets. The network features a modular architecture and supports deeply parallel execution in both EVM and WASM environments, with built-in compliance capabilities to support the next generation of global financial infrastructure. Pharos Network is developed by an engineering team from Ant Group and is backed by globally renowned investment institutions such as Hack VC and Faction VC.

Preguntas relacionadas

QWhat is the significance of USDC and Circle's Cross-Chain Transfer Protocol (CCTP) being deployed on Pharos Network?

AThe deployment of USDC and CCTP on Pharos Network introduces mainstream stablecoin settlement capabilities and enables seamless cross-chain fund flows. This integration is a major step in Pharos Network's mission to build an open and inclusive global RealFi settlement system.

QHow does the CCTP benefit the Pharos Network ecosystem in terms of connectivity?

ACCTP establishes native cross-chain connectivity between Pharos Network and over 20 supported blockchains, providing more than 400 secure transaction paths. It eliminates the need for third-party bridges or wrapped assets, enhancing asset integrity and capital efficiency.

QWhat role does USDC play within the Pharos Network's RealFi applications?

AUSDC serves as a core settlement and collateral asset in RealFi applications, including real-world asset (RWA) tokenization, DeFi trading and lending, and global payment scenarios. It provides liquidity and is backed by transparent, 100% reserve-backed dollars.

QWhat did the Pharos Network Foundation member, Wish Wu, say about the integration?

AWish Wu stated that the integration of USDC and CCTP brings institutional-grade reliability to Pharos Network and makes this reliability more accessible to global developers and users. The vision is to build truly inclusive infrastructure to support the development of real-world financial markets.

QWhat additional initiative has Pharos Network launched to support ecosystem growth?

APharos Network has launched a $10 million ecosystem incubation program to support developers in building native applications on its network, further promoting ecosystem growth alongside the new infrastructure.

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