USDC and CCTP Integration Boosts Pharos Network’s RealFi Ambitions
- Circle’s USDC stablecoin and Cross-Chain Transfer Protocol (CCTP) are now deployed on Pharos Network’s Layer-1 blockchain.
- The integration positions USDC as a core settlement asset for tokenized real-world assets, DeFi trading, lending, and global payments.
- CCTP provides native cross-chain connectivity to over 20 blockchains, enabling more than 400 secure transaction routes.
- Pharos has launched a $10 million incubator program to support developers building native applications on its platform.
The deployment of USDC and CCTP on Pharos Network enhances the network’s capability to serve as a global settlement layer for real-world finance by ensuring trusted dollar-denominated settlements and secure cross-chain transfers.
By integrating these technologies, Pharos strengthens its infrastructure for supporting real-world financial markets while fostering innovation through its new incubator program. (Source)
