{"id":70440,"date":"2026-03-31T06:09:54","date_gmt":"2026-03-31T06:09:54","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/circle-deploys-usdc-and-cctp-on-pharos-network-to-advance-realfi-goals-crypto-news-bitcoin-news\/"},"modified":"2026-03-31T06:09:54","modified_gmt":"2026-03-31T06:09:54","slug":"circle-deploys-usdc-and-cctp-on-pharos-network-to-advance-realfi-goals-crypto-news-bitcoin-news","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/circle-deploys-usdc-and-cctp-on-pharos-network-to-advance-realfi-goals-crypto-news-bitcoin-news\/","title":{"rendered":"Circle Deploys USDC and CCTP on Pharos Network to Advance RealFi Goals \u2013 Crypto News Bitcoin News"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<h2>Establishing a Core Settlement Layer for RealFi<\/h2>\n<p>The <span>stablecoin<\/span> USDC and issuer Circle\u2019s Cross-Chain Transfer Protocol (CCTP) have been deployed on the Pharos Network <span>Layer 1<\/span> <span>blockchain<\/span>, in a milestone seen moving the network closer to its goal of building an inclusive global settlement layer for real-world finance (RealFi).<\/p>\n<p>By integrating USDC at the protocol level, the <span>Layer 1<\/span> chain introduces a transparent, fully reserved, dollar-denominated <span>stablecoin<\/span> into its ecosystem. According to a <a href=\"https:\/\/x.com\/pharos_network\/status\/2038013292845949122?s=46&amp;t=y2ZVRWEHtNlaPuVIr98Gbg\" target=\"_blank\" rel=\"noopener noreferrer\">media release<\/a>, the move positions USDC as a core settlement and collateral asset across tokenized real-world assets ( <span>RWAs<\/span>), <span>decentralized finance<\/span> ( <span>DeFi<\/span>) trading and lending, and global payment flows.<\/p>\n<p>For developers, the integration reportedly unlocks the ability to build compliant lending markets, structured financial products, and always-on payment networks on Pharos. The announcement comes weeks after Pharos <a href=\"https:\/\/news.bitcoin.com\/pharos-network-expands-realfi-alliance-to-tackle-rwa-transparency-gap\/\">revealed<\/a> the addition of a specialized group of research, data, and institutional infrastructure partners to its <a href=\"https:\/\/news.bitcoin.com\/pharos-network-launches-alliance-to-standardize-onchain-rwa-market\/\">RealFi Alliance<\/a>.<\/p>\n<p>The alliance aims to address systemic challenges such as fragmented <span>liquidity<\/span>, inconsistent infrastructure standards, and regulatory silos by coordinating assets and capital under a shared framework. Meanwhile, CCTP equips Pharos with native cross-chain connectivity to more than 20 <span>blockchains<\/span>, enabling over 400 secure transaction routes.<\/p>\n<p>This eliminates reliance on third-party bridges or wrapped assets, ensuring both asset integrity and capital efficiency. With seamless USDC transfers, Pharos strengthens its role as a hub for cross-chain <span>liquidity<\/span> and the distribution of tokenized <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-real-world-assets-rwa\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">RWAs<\/a>.<\/p>\n<p>Wish Wu of the Pharos Foundation highlighted the significance of the deployment.<\/p>\n<p>\u201cRealFi requires both trusted settlement and global accessibility,\u201d Wu said. \u201cThe integration of USDC and CCTP can bring institutional-grade reliability to Pharos while making that reliability accessible to developers and users worldwide. Our vision has always been to build truly inclusive infrastructure capable of supporting real-world financial markets.\u201d<\/p>\n<p>Pharos has already launched a $10 million incubator program to support developers building native-to-Pharos applications. The initiative underscores Pharos\u2019 commitment to fostering innovation and expanding access to real-world financial opportunities.<\/p>\n<h2>FAQ \u2753<\/h2>\n<ul>\n<li><strong>What happened?<\/strong> Pharos Network has deployed Circle\u2019s USDC <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoin<\/a> and Cross\u2011Chain Transfer Protocol (CCTP) on its Layer\u20111 <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchain<\/a>.<\/li>\n<li><strong>Why is this important?<\/strong> USDC provides trusted dollar\u2011denominated settlement while CCTP enables secure cross\u2011chain transfers across 20+ <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-a-blockchain\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">blockchains<\/a>.<\/li>\n<li><strong>How does it benefit developers?<\/strong> The integration allows building compliant lending markets, structured financial products, and global payment networks on Pharos.<\/li>\n<li><strong>What\u2019s next for Pharos?<\/strong> Pharos launched a $10M incubator program to accelerate ecosystem growth and expand RealFi applications worldwide.<\/li>\n<\/ul>\n<\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/circle-deploys-usdc-and-cctp-on-pharos-network-to-advance-realfi-goals\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Establishing a Core Settlement Layer for RealFi The stablecoin USDC and issuer Circle\u2019s Cross-Chain Transfer Protocol (CCTP) have been deployed on the Pharos Network Layer 1 blockchain, in a milestone seen moving the network closer to its goal of building an inclusive global settlement layer for real-world finance [&hellip;]<\/p>\n","protected":false},"author":10,"featured_media":70441,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70440"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=70440"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/70440\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/70441"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=70440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=70440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=70440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}