Circle launches tokenized gold and silver swaps via USDC as metals hit all-time highs

Circle has expanded its USDC platform into tokenized commodities by launching GLDC (tokenized gold) and SILC (tokenized silver) via CircleMetals.com. This allows users to instantly swap USDC for these assets at real-time prices, utilizing deep liquidity modeled on COMEX reference markets, with tokens settled on-chain for integration into wallets and DeFi applications. Circle CEO Jeremy Allaire stated this extends the trust of USDC to these metals while maintaining speed and accessibility. The launch coincides with record highs for both gold and silver, which have seen significant year-to-date gains, driven by market expectations of looser monetary policy in 2026. Circle views tokenized commodities as a natural evolution for capital markets, unlocking new use cases in treasury and settlement.

(Source：Crypto Briefing)