Now Available: USDC and CCTP on Pharos

Circle Internet Financial has launched USDC and Circle's Cross-Chain Transfer Protocol (CCTP) on the Pharos blockchain, enhancing support for decentralized finance (DeFi) applications by enabling seamless cross-chain USDC transfers and providing trusted digital dollar liquidity. This integration supports compliant, institutional-grade DeFi trading, lending, and payments while facilitating access to tokenized real-world assets (RWAs). As the 33rd blockchain to support USDC, Pharos expands payment options to over 450 unique cross-chain routes, promoting multichain app development. The Native-to-Pharos Incubation Program, backed by a $10 million commitment, aims to accelerate ecosystem growth, with USDC serving as the core stablecoin for settlement, collateral, and payments. Circle Mint accounts offer businesses on/offramps to convert fiat to USDC, and USDC is accessible to individuals and small institutions through exchanges and wallets.