USDC & CCTP on Pharos Delayed mints, burns, and transfers

Incident Report for Circle

Resolved

This incident has been resolved.
Posted Jun 25, 2026 - 11:07 UTC

Update

The issue has been identified and a fix is being implemented.
Posted Jun 25, 2026 - 10:54 UTC

Identified

The issue has been identified and a fix is being implemented.
Posted Jun 25, 2026 - 10:53 UTC

Update

We are continuing to investigate this issue.
Posted Jun 25, 2026 - 10:08 UTC

Investigating

USDC mints and burns on Pharos Mainnet are delayed due to network issues. We are currently investigating the cause.
Posted Jun 25, 2026 - 10:02 UTC
This incident affected: 3rd Party Infrastructure & Systems, Circle Cross-Chain Transfer Protocol (PHAROS - Cross-Chain Minting and Burning), and USDC (USDC - PHAROS - Minting, USDC - PHAROS - Redeeming).