Hong Kong, March 27, 2026 - Pharos Network, an institution-grade high-performance parallel Layer 1 public blockchain specifically designed for real finance, today announced a strategic partnership with Circle, the globally leading regulated issuer of digital dollar stablecoins. The mainnet will officially deploy USDC and Circle's Cross-Chain Transfer Protocol (CCTP). This collaboration will provide reliable, institution-grade dollar settlement capabilities for the real finance market on Pharos, while enabling seamless and efficient cross-chain capital flows through CCTP. This integration marks a key step forward for Pharos in building a "globally inclusive RealFi settlement layer."

The deployment of USDC introduces an institution-grade stablecoin option to the Pharos ecosystem. As a transparent, fully reserved, dollar-backed stablecoin, USDC will serve as a core settlement asset and collateral asset, applied in scenarios such as RWA (real-world asset) tokenization, DeFi and lending, as well as global payment flows.

Meanwhile, the Circle CCTP protocol establishes native cross-chain channels between Pharos and over 20 mainstream blockchains, achieving 400+ secure transaction paths. By eliminating reliance on third-party cross-chain bridges or wrapped assets, CCTP further enhances asset integrity and capital efficiency between supported blockchains.

With USDC settlement integrated at the protocol layer, developers will be able to develop lending markets, structured financial products, and a globally operating payment network on Pharos. Institutional funds can enter the on-chain RWA market based on compliant infrastructure, while global users will gain broader participation opportunities in real-world finance.

The integration of USDC and CCTP will further unlock the financial potential of the Pharos ecosystem. In the tokenized financial market, USDC in the Pharos ecosystem can serve as the primary settlement and collateral asset for tokenized U.S. Treasuries, private credit, and commodities, while also providing liquidity for DeFi trading and lending.

In addition to trading activities, merchants and payment service providers can leverage USDC for efficient settlement and benefit from a transparent reserve mechanism and redemption infrastructure.

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

Regarding this integration, Wish Wu from the Pharos Foundation stated:

RealFi requires reliable settlement mechanisms and the ability to reach global markets. The integration of USDC and CCTP can bring institutional-level reliability to Pharos, benefiting global developers and users. Our vision has always been to build truly inclusive infrastructure to support the real-world financial market.

With the deployment of USDC and CCTP, Pharos will fully open up to developers, financial institutions, and enterprises seeking compliant, stable, and efficient infrastructure. This aligns with the recent launch of a $10 million ecosystem incubation program by Pharos, further accelerating ecosystem growth.

By integrating USDC and CCTP to support secure cross-chain capital flows, Pharos is building the foundational layer for RealFi, enabling institutional-grade assets to circulate on-chain while maintaining openness to global participants, thus advancing towards 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 value and institutional-grade assets can circulate on-chain and achieve composability with decentralized assets, thereby becoming the next generation of global financial-grade infrastructure. Pharos combines a modular architecture, deep parallel execution, and built-in compliance capabilities, with a native asset ecosystem providing strong support. The project is built by Ant Group's leadership team and engineers, supported by Hack VC, Faction VC, and other global investors.

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