Circle deploys $10M to support Pharos mainnet rollout, launches native USDC and CCTP

Circle has launched native $USDC and the Cross-Chain Transfer Protocol (CCTP) on the @Pharos_network mainnet, aiming to support institutional-grade settlement for tokenized real-world assets (RWA). The integration gives RWA issuers and DeFi protocols including @Centrifuge and @AquaFluxPro access to 1:1 USD redeemability across 450 unique transaction routes. Circle also introduced a $10 million native incubation program to back developers building stablecoin-backed credit and commodity markets on the high-performance Layer 1. With the addition of Pharos, $USDC is now natively supported across 33 blockchains, positioning the stablecoin as a liquidity rail for 24/7 instant settlement of tokenized real-world assets.