Financial public chain Pharos Network announces partnership with Circle to deploy USDC and CCTP to mainnet, further building an inclusive global RealFi settlement layer
- Core Viewpoint: Pharos Network has entered into a strategic partnership with Circle to deploy USDC and the CCTP protocol on its mainnet, aiming to provide institutional-grade dollar settlement and cross-chain liquidity infrastructure for its "RealFi" ecosystem.
- Key Elements:
- The partnership introduces USDC as a core settlement and collateral asset, to be applied in scenarios such as RWA tokenization, DeFi, and global payments.
- Integration of the Circle CCTP protocol establishes native cross-chain bridges between Pharos and over 20 mainstream chains, providing 400+ secure transaction paths.
- This move aims to provide a foundation for developers to build lending, structured products, and payment networks, and to attract institutional funds for compliant entry into the on-chain RWA market.
- Pharos Network is built by a former Ant Group team and recently launched a $10 million ecosystem incubation program to accelerate growth.
Hong Kong, March 27, 2026 - Pharos Network, an institutional-grade, high-performance parallel Layer 1 blockchain built for real-world finance, announced today a strategic partnership with Circle, the globally leading regulated issuer of the digital dollar stablecoin. The mainnet will officially deploy USDC and Circle's Cross-Chain Transfer Protocol (CCTP). This collaboration will provide trusted, institutional-grade USD settlement capabilities for real-world financial markets on Pharos, while enabling seamless and efficient cross-chain capital flows through CCTP. This integration marks a critical step for Pharos in its strategic direction of building a "globally inclusive RealFi settlement layer."
The deployment of USDC introduces an institutional-grade stablecoin choice to the Pharos ecosystem. As a transparent, fully-reserved, USD-denominated stablecoin, USDC will serve as a core settlement and collateral asset, applied in scenarios such as RWA tokenization, DeFi and lending, and global payment flows.
Simultaneously, the Circle CCTP protocol establishes a native cross-chain channel between Pharos and over 20 mainstream blockchains, enabling 400+ secure transaction paths. By eliminating reliance on third-party bridges or wrapped assets, CCTP further enhances asset integrity and capital efficiency between supported blockchains.
With the protocol-layer integration of USDC settlement complete, developers will be able to build lending markets, structured financial products, and globally-operating, 24/7 payment networks on Pharos. Institutional capital can access the on-chain RWA market based on compliant infrastructure, while global users will gain broader opportunities to participate in real-world finance.
The integration of USDC and CCTP will further unlock the financial potential of the Pharos ecosystem. In tokenized financial markets, USDC within the Pharos ecosystem can serve as the primary settlement and collateral asset for instruments like tokenized U.S. Treasuries, private credit, and commodities, while also providing liquidity for DeFi trading and lending.
Beyond trading activities, merchants and payment service providers can leverage USDC for efficient settlement, benefiting from its transparent reserve mechanism and redemption infrastructure.
Furthermore, CCTP will support the seamless transfer of USDC between Pharos and other supported blockchains, enabling capital to flow freely across ecosystems while supporting more efficient liquidity management and the cross-chain distribution of tokenized real-world assets.
Regarding this integration, Wish Wu from the Pharos Foundation stated:
RealFi requires both a trustworthy settlement mechanism and the ability to access global markets. The integration of USDC and CCTP brings institutional-grade reliability to Pharos while extending that reliability to developers and users worldwide. Our vision has always been to build truly inclusive infrastructure to support real-world financial markets.
With the deployment of USDC and CCTP, Pharos is now fully open to developers, financial institutions, and enterprises seeking compliant, stable, and efficient infrastructure. This move, synergizing with a recently launched $10 million ecosystem incubation program by Pharos, will further accelerate ecosystem growth.
By integrating USDC and CCTP to support secure cross-chain capital flows, Pharos is building the infrastructure layer for RealFi, enabling institutional-grade assets to circulate on-chain while maintaining openness to global participants. This brings us one step closer to the goal of "making real-world finance more open, transparent, and inclusive."
About Pharos Network
Pharos Network is an inclusive financial Layer 1 for RealFi, where real-world value and institutional-grade assets can circulate on-chain and achieve composability with decentralized assets, thereby becoming the next-generation, globally-oriented financial-grade infrastructure. Pharos combines a modular architecture, deep parallel execution, and built-in compliance capabilities, providing robust support for its native asset ecosystem. The project was built by a leadership team and engineers from Ant Group and is backed by Hack VC, Faction VC, and other global investors.
