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Pharos Network partners with Circle to integrate USDC and CCTP into the mainnet
Odaily Planet Daily News reports that Pharos Network, an institution-grade high-performance parallel Layer 1 public blockchain designed for real finance, has announced a partnership with Circle, with plans to deploy USDC and the Cross-Chain Transfer Protocol (CCTP) on its mainnet.
This integration aims to provide US dollar settlement capabilities for the RealFi market on Pharos and achieve native cross-chain interoperability with over 20 major blockchains through CCTP.
Pharos plans to use USDC as the core settlement asset for RWA assets, DeFi, and global payment scenarios, while collaborating with Pharos Network’s recently launched $10 million ecosystem incubation plan to accelerate ecosystem development.