The financial-grade Layer 1 blockchain Pharos Network today announced that USDC and the Circle Cross-Chain Transfer Protocol (CCTP) will be deployed on Pharos Network’s mainnet, The Pacific Ocean, bringing mainstream stablecoin settlement capabilities and seamless cross-chain fund movement to the network. This integration 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 USD 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. Meanwhile, CCTP will establish native cross-chain connections between Pharos Network and over 20 supported blockchains, enabling more than 400 secure transaction pathways. By eliminating reliance on third-party cross-chain bridges or wrapped assets, CCTP enhances asset integrity and capital efficiency.
With USDC fully integrated at the protocol level for settlement, developers can build lending markets, structured financial products, and a 24/7 global payment network on Pharos Network. Institutional capital can access on-chain RWA markets under compliant infrastructure, while global users gain broader access to real-world financial opportunities.
The integration of USDC with CCTP is expected to unlock diverse financial use cases within the Pharos Network ecosystem. In tokenized financial markets, USDC can serve as the primary settlement and collateral asset for instruments such as 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 mechanism. Meanwhile, CCTP will enable seamless transfers of USDC between Pharos Network and other blockchains, allowing funds to flow freely across ecosystems, enhancing liquidity management efficiency, and facilitating cross-chain distribution of RWA.
Wish Wu, a member of the Pharos Network Foundation, said: “RealFi requires both a trusted settlement system and global accessibility. The integration of USDC with CCTP will bring institutional-grade reliability to Pharos Network, while making this reliability more accessible to developers and users worldwide. Our vision has always been to build truly inclusive infrastructure to support the growth of real-world financial markets.”
With the deployment of USDC and CCTP completed, Pharos Network will be fully open to developers, financial institutions, and enterprises, providing compliant, stable, and high-performance infrastructure to support the growth 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 integrating USDC with CCTP, Pharos Network is building the foundational infrastructure for RealFi, enabling institutional-grade assets to circulate on-chain while remaining accessible to global users, accelerating the transition of real-world finance toward openness, transparency, and inclusion.
About Pharos Network
Pharos Network is a Layer1 blockchain built for real-world financial applications, designed to enable seamless interaction between on-chain systems and institutional-grade assets. The network features a modular architecture with deep parallel execution support for both EVM and WASM environments, and includes built-in compliance capabilities to power the next generation of global financial infrastructure. Pharos Network was developed by an engineering team from Ant Group and is backed by leading global investment firms including Hack VC and Faction VC.