Circle's CCTP V2 Launches on Polygon PoS

Circle is bringing USDC and its Cross-Chain Transfer Protocol (CCTP) to Pharos Network, a layer-1 blockchain focused on tokenized real-world assets and institutional DeFi. **Key capabilities:** - USDC as settlement, trading, and collateral asset across Pharos applications - CCTP enables seamless USDC transfers between Pharos and other supported blockchains - Support for tokenized RWAs, compliant onchain finance, and stablecoin payments This integration follows similar recent expansions to Injective, Morph Network, and EDGE Chain. USDC is now supported natively on 32+ blockchains with CCTP facilitating crosschain movement across 21+ networks. Circle reported $31B in USDC moved via CCTP in Q3 alone, representing 740% year-over-year growth.

Circle has introduced Arc, a new blockchain infrastructure designed to help banks integrate USDC and EURC stablecoins into regulated financial markets. **Key features of Arc:** - Known validators for transparency - Deterministic finality (~1 second settlement) - Governance controls for institutional oversight - Predictable transaction fees denominated in USDC The platform addresses critical banking concerns around capital treatment, operational resilience, and settlement finality - factors that determine whether banks can effectively use stablecoins regardless of the asset itself. Arc aims to serve as infrastructure for what Circle calls the "Internet Financial System," connecting regulated stablecoins, applications, and institutions. Over 100 partners are already building and testing on the platform. More details: [Circle's blog post](https://www.circle.com/blog/usdc-on-arc-a-capital-efficient-path-for-banks)

**Ivorypay**, a Circle Alliance Program member, is enabling African businesses to accept and settle payments in USDC. **Key features:** - Stablecoin-powered payment processing - Local currency conversion support - Expands digital dollar access across emerging markets This partnership builds on Circle's broader African expansion strategy, following recent collaborations with Sasai Fintech and other regional payment providers. The integration aims to reduce transaction costs and settlement times for businesses operating in Africa. Learn more: [Circle Alliance Program](https://www.circle.com/alliance-program)

**Triple-A has integrated with Circle Payments Network (CPN)**, enabling businesses to send local currency payouts across multiple global corridors. **Key features:** - Uses USDC and EURC as settlement rails, with final delivery in local currencies - Connects to established domestic payment systems - Supports supplier payments, payroll, remittances, and treasury operations **Network expansion context:** CPN has been steadily growing its payout partner ecosystem across Asia, Middle East, Europe, and the US. The network now includes partners like Coins.ph, Saber, and Tazapay, with active corridors in India, Singapore, Philippines, UAE, EU, and US. The integration aims to simplify cross-border payments by reducing the number of integrations needed while maintaining compliance and near-instant settlement speeds. [Learn more about CPN's expansion](https://www.circle.com/blog/circle-payments-network-expands-local-currency-payout-corridors-across-asia-the-middle-east-europe-and-the-us)

Circle has launched **USDCx on Movement Network** through its xReserve platform, expanding cross-chain stablecoin access. **Key Features:** - 1:1 backed by USDC held in xReserve Trust - Near-zero-fee payments and remittances - No third-party bridges required - Full interoperability with USDC across supported chains - Access to RWA and DeFi-compatible liquidity **Launch Partners:** Eleven Movement applications support USDCx at launch, including Avalon Finance, Canopy, Echelon Market, Fireblocks, LayerBank, and Yuzu Finance. This follows Circle's previous USDCx deployment on Canton Network in December 2025. [Learn more](<http://www.circle.com/blog/usdcx-on-movement-now-available-via-circle-xreserve>)