Pharos Network announces the deployment of USDC and Circle's cross-chain transfer protocol, providing stablecoin settlement functions and cross-chain capital flow. Developers can build lending markets and financial products on it, institutional capital can access compliant RWA markets, and users will broaden their financial opportunities.
LayerZero and Canton Network's integration allows tokenized assets to flow across 165 public chains, aiding traditional finance in entering the crypto liquidity system. This move addresses privacy and compliance issues in cross-chain asset movement, while promoting the integration of institutional blockchain and public chain ecosystems, marking intensified competition in cross-chain interoperability.