As reported by Chainwire, Circle has launched a new digital metals platform, enabling users to swap USDC for tokenized gold (GLDC) and silver (SILC) at live market rates. The platform, CircleMetals.com, offers 24/7 trading, COMEX-linked liquidity, and on-chain settlement, aiming to integrate traditional precious metals with blockchain finance. The tokens represent exposure to gold and silver benchmarks and are designed for institutional and developer use. Circle CEO Jeremy Allaire emphasized the initiative's role in expanding USDC's ecosystem and bridging traditional markets with digital assets.
Circle Launches Tokenized Gold and Silver Swaps via USDC on New Digital Metals Platform
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Summary
Circle has launched a blockchain-based digital metals platform, allowing users to swap USDC for tokenized gold (GLDC) and silver (SILC) at live rates. Available 24/7 on CircleMetals.com, the service connects COMEX liquidity with on-chain settlement. The tokens offer exposure to precious metals benchmarks and target institutional and developer use cases. CEO Jeremy Allaire said the move expands USDC’s ecosystem and links traditional markets with digital assets.
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