The financial-grade Layer1 blockchain Pharos Network announced today that the USDC and Circle Cross-Chain Transfer Protocol (CCTP) will be deployed on the Pharos Network mainnet The Pacific Ocean, introducing mainstream stablecoin settlement capabilities and enabling seamless cross-chain capital flows. This integration marks an important step for Pharos Network in its mission to build an open and inclusive global RealFi settlement system.

The introduction of USDC brings institutional-grade stablecoins 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 asset tokenization (RWA), DeFi trading and lending, and global payment scenarios. At the same time, CCTP will establish native cross-chain connections between Pharos Network and over 20 supported blockchains, providing more than 400 secure transaction pathways. By eliminating reliance on third-party cross-chain bridges or wrapped assets, CCTP helps enhance asset integrity and funds utilization efficiency.

With the completion of settlement integration for USDC at the protocol level, developers can build lending markets, structured financial products, and a globally operating payment network on Pharos Network. Institutional funds can access on-chain RWA markets under compliant infrastructure, while global users will gain broader real-world financial opportunities.

The integration of USDC and CCTP is expected to unlock a variety of financial application scenarios within the Pharos Network ecosystem. In the tokenized financial market, USDC can serve as a primary settlement and collateral tool for assets like government bonds, private credit, and commodities, while also 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 facilitate the seamless transfer of USDC between Pharos Network and other chains, allowing funds to flow freely across different ecosystems, thereby enhancing liquidity management efficiency and promoting cross-chain distribution of RWA.

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

With the completion of the deployment of USDC and CCTP, Pharos Network will 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 achieve secure cross-chain capital flows, Pharos Network is building the underlying infrastructure of RealFi, enabling institutional-grade assets to circulate on-chain while simultaneously being open to global users, accelerating the advancement of real-world finance towards openness, transparency, and inclusiveness.

About Pharos Network

Pharos Network is a Layer1 blockchain designed for real-world financial applications, dedicated to achieving seamless interaction between on-chain systems and institutional-grade assets. The network employs a modular architecture and supports deep parallel execution in EVM and WASM environments, while also integrating compliance capabilities to support the next generation of global financial infrastructure. Pharos Network is developed by an engineering team from Ant Group and backed by globally renowned investment institutions such as Hack VC and Faction VC.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。