Pharos Network, a finance-focused public blockchain, has announced its collaboration with Circle to deploy USDC and the Cross-Chain Transfer Protocol (CCTP) on its mainnet, further building an inclusive global RealFi settlement layer.

Hong Kong, March 27, 2026 — Pharos Network, an institutional-grade, high-performance parallel Layer 1 blockchain purpose-built for RealFi, today announced a strategic partnership with Circle, the world’s leading regulated issuer of digital dollar stablecoins. Pharos’ mainnet will officially deploy USDC and Circle’s Cross-Chain Transfer Protocol (CCTP). This collaboration delivers trusted, institutional-grade U.S. dollar settlement capabilities to real-world financial markets on Pharos, while enabling seamless, efficient cross-chain capital flows via CCTP—marking a pivotal step forward in Pharos’ strategic vision to build a “globally inclusive RealFi settlement layer.”

The deployment of USDC introduces an institutional-grade stablecoin option to the Pharos ecosystem. As a transparent, fully reserved, USD-denominated stablecoin, USDC will serve as both a core settlement and collateral asset across use cases including tokenization of real-world assets (RWA), DeFi and lending, and global payment rails.

Meanwhile, Circle’s CCTP protocol establishes native cross-chain connectivity between Pharos and over 20 major blockchains, unlocking more than 400 secure transaction paths. By eliminating reliance on third-party bridges or wrapped assets, CCTP further enhances asset integrity and capital efficiency across supported chains.

With USDC settlement now natively integrated at the protocol level, developers can build lending markets, structured financial products, and 24/7 global payment networks on Pharos. Institutional capital can enter onchain RWA markets via compliant infrastructure, while global users gain broader access to real-world finance.

The integration of USDC and CCTP will also unlock further financial potential across the Pharos ecosystem. In tokenized financial markets, USDC on Pharos can serve as the primary settlement and collateral asset for instruments such as tokenized U.S. Treasuries, private credit, and commodities—and simultaneously provide liquidity for DeFi trading and lending.

Beyond trading, merchants and payment service providers can leverage USDC for efficient settlement, benefiting from its transparent reserve mechanism and redemption infrastructure.

Meanwhile, CCTP will enable seamless transfers of USDC between Pharos and other supported blockchains, allowing capital to flow freely across ecosystems while supporting more efficient liquidity management and cross-chain distribution of tokenized real-world assets.

On this integration, Wish Wu of the Pharos Foundation stated:

RealFi requires both trustworthy settlement mechanisms and the ability to reach global markets. Integrating USDC and CCTP brings institutional-grade reliability to Pharos—and extends that reliability to developers and users worldwide. Our vision has always been to build truly inclusive infrastructure capable of supporting real-world financial markets.

With USDC and CCTP now live, Pharos is fully open to developers, financial institutions, and enterprises seeking compliant, stable, and high-efficiency infrastructure. This initiative is further accelerated by Pharos’ recently launched $10 million ecosystem incubation program.

By integrating USDC and CCTP to support secure cross-chain capital movement, Pharos is building the foundational infrastructure layer for RealFi—enabling institutional-grade assets to circulate onchain while remaining open to participants worldwide—bringing us closer to our goal of “making real-world finance more open, transparent, and inclusive.”

About Pharos Network

Pharos Network is an inclusive financial Layer 1 built for RealFi, where real-world value and institutional-grade assets flow onchain and interoperate seamlessly with decentralized assets—evolving into the next-generation financial-grade infrastructure for the world. Pharos combines a modular architecture, deeply parallel execution, and built-in compliance capabilities, backed by a robust native asset ecosystem. The project was founded by the leadership team and engineers from Ant Group and is supported by global investors including Hack VC and Faction VC.