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Pharos Network mainnet is about to integrate Circle USDC and CCTP, further building an inclusive global RealFi settlement layer.
Deep Tide TechFlow news, on March 27, according to official news, the institution-level high-performance parallel Layer 1 public chain Pharos Network, designed for real finance, announced that USDC and the Circle CCTP protocol will be deployed on the Pharos mainnet “Pacific Ocean,” bringing widespread applications of stablecoin settlement and seamless cross-chain capital flow to Pharos.
In the future, USDC will serve as a core settlement asset and collateral asset, driving the development of financial scenarios such as the Pharos ecological lending market, RWA, structured financial products, and a global payment network that operates around the clock. The Circle CCTP protocol establishes native cross-chain connections between Pharos and over 20 blockchains, further enhancing more efficient liquidity management and cross-chain distribution of tokenized real-world assets.
With the completion of the deployment, Pharos will be fully open to global developers, financial institutions, and enterprises, collaborating with the already launched $10 million ecological incubation program to support developers in building applications native to Pharos.
By providing USDC and Circle CCTP to support secure cross-chain capital flow, Pharos further becomes the RealFi infrastructure layer, continuously pushing real-world finance towards a more open, transparent, and inclusive goal.