Pharos Adopts Circle USDC & CCTP, Hits $1B Unicorn

Pharos, a high-performance parallel Layer 1 blockchain specializing in real-world assets (RWA) and institutional-grade financial infrastructure, has officially integrated Circle’s USDC and Cross-Chain Transfer Protocol (CCTP), while achieving unicorn status with a $1 billion valuation.

What is Pharos?

Pharos is a cutting-edge parallel L1 blockchain built specifically for tokenizing real-world assets and powering institutional financial infrastructure. Founded by veterans from Alipay — the world’s largest fintech platform — Pharos brings proven technical expertise to the blockchain space, creating an innovative ecosystem that bridges fragmented real-world assets onto the chain.

Circle USDC & CCTP Integration

Pharos has officially adopted Circle’s USDC stablecoin and Cross-Chain Transfer Protocol (CCTP), marking a major milestone for the network. Users can now utilize USDC — the most trusted stablecoin in the market — directly on the Pharos chain. Through CCTP, Pharos functions as a liquidity hub, enabling seamless 1:1 USDC transfers across 20+ blockchain networks without the risks associated with traditional bridging solutions.

$1 Billion Unicorn Valuation

Pharos has officially reached unicorn status after securing strategic investment from GCL New Energy, a publicly listed company in Hong Kong. This partnership with a regulated, publicly traded institution further validates Pharos as a trusted and compliant blockchain infrastructure for the future of finance.

$10 Million Ecosystem Incubator Launched

Pharos has launched the Native to Pharos program, a $10 million ecosystem incubator providing approximately $13 billion KRW in dedicated development support. Leading global venture capital firms including Hack VC and Faction VC are actively participating, signaling strong institutional confidence in the Pharos ecosystem.

With an elite founding team from Alipay and over $1 billion in capital backing, Pharos is well-positioned to become the dominant force in the Real-World Asset (RWA) blockchain sector.