Hong Kong, March 27, 2026 - Pharos Network, a high-performance parallel Layer 1 public chain built for real finance, today announced a strategic partnership with Circle, a global leader in regulated digital dollar stablecoin issuance. The mainnet will officially deploy USDC and Circle's Cross-Chain Transfer Protocol (CCTP). This collaboration will provide reliable, institutional-grade dollar settlement capabilities for the real financial market on Pharos, while enabling seamless and efficient cross-chain capital flow through CCTP. This integration marks a significant step for Pharos in its strategic direction of building 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, dollar-pegged stablecoin, USDC will serve as the core settlement and collateral asset, applicable in scenarios such as RWA tokenization, DeFi and lending, and global payment liquidity.

At the same time, the Circle CCTP protocol has established 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 the integration of USDC settlement completed at the protocol level, 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 also gain broader opportunities to participate in real-world finance.

The integration of USDC and CCTP will further unleash 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 tools such as tokenized U.S. Treasury bonds, private credit, and commodities, while also providing liquidity for DeFi trading and lending.

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

At the same time, CCTP will support seamless transfers of USDC between Pharos and other supported blockchains, allowing funds to flow freely between ecosystems, while also supporting 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 both a trustworthy settlement mechanism and the ability to reach global markets. The integration of USDC and CCTP can bring institutional-level reliability to Pharos, while allowing this reliability to benefit global developers and users. Our vision has always been to build truly inclusive infrastructure to support real-world financial markets.

With the deployment of USDC and CCTP completed, Pharos will be fully open to developers, financial institutions, and enterprises seeking compliant, stable, and efficient infrastructure. This is in synergy with Pharos's recent launch of a $10 million ecosystem incubation program, further accelerating ecosystem growth.

By integrating USDC and CCTP to support secure cross-chain capital flows, Pharos is building the infrastructure layer for RealFi, allowing institutional-level assets to circulate on-chain while maintaining openness to global participants, thus further 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-level assets can circulate on-chain and achieve compatibility with decentralized assets, thus becoming a next-generation financial-grade infrastructure for the global market. Pharos combines modular architecture, deep parallel execution, and built-in compliance capabilities, with a native asset ecosystem providing robust support. The project is built by the leadership team and engineers from Ant Group, with support from Hack VC, Faction VC, and other global investors.