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Pharos Network Unveils $50M RWA Vault with 14% APY

cryptonews100_tggfrn by cryptonews100_tggfrn
April 18, 2026
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Pharos Network, backed by Ant Financial, has introduced a $50 million Real World Asset (RWA) vault offering an expected gross annual percentage yield (APY) of 14%. The vault allocates 70% of its funds to personal microloans in developing countries such as Thailand, the Philippines, and Indonesia. The company has cautioned investors about the potential default risks associated with unsecured consumer loans in these regions.

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