"The integration of USDC at the protocol level introduces a transparent, fully reserved, dollar-denominated stablecoin into the Pharos ecosystem, enhancing its financial capabilities."
"CCTP equips Pharos with native cross-chain connectivity to more than 20 blockchains, enabling over 400 secure transaction routes and eliminating reliance on third-party bridges."
"RealFi requires both trusted settlement and global accessibility. The integration of USDC and CCTP can bring institutional-grade reliability to Pharos."
The deployment of USDC and Circle's CCTP on the Pharos Network Layer 1 blockchain marks a significant step towards creating an inclusive global settlement layer for real-world finance. This integration positions USDC as a key asset for tokenized real-world assets, decentralized finance, and global payments. Developers can now create compliant lending markets and structured financial products. CCTP provides cross-chain connectivity to over 20 blockchains, ensuring asset integrity and capital efficiency. The Pharos Foundation emphasizes the importance of trusted settlement and accessibility for developers and users worldwide.
Read at news.bitcoin.com
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