Company Circle Expands USD Coin into Tokenized Gold (GLDC) and Silver (SILC) via CircleMetals.com

Company Circle announced GLDC and SILC on CircleMetals.com, enabling 24/7 swaps between USD Coin (USDC) and tokenized gold and silver priced to COMEX benchmarks. The launch aims to bring commodity exposure on-chain with enterprise-ready liquidity and integration for DeFi and institutional users.
Company Circle, the issuer of USD Coin (USDC), today announced an expansion of its digital currency ecosystem into the tokenized precious metals market with the launch of CircleMetals.com. The new offering allows users to swap USDC for tokenized gold (GLDC) and tokenized silver (SILC) at live market rates, bringing direct commodity exposure to programmable money.
The move bridges traditional commodity markets and blockchain-native finance.Company Circle aims to offer both retail and institutional participants a seamless path to precious metal exposure with the speed and composability of public blockchains. Liquidity for GLDC and SILC is modeled against deep reference prices and market structures from COMEX, which underpins the offering with tighter spreads and reliable price discovery.
According to Mr. Jeremy Allaire, CEO of Company Circle, “USDC was built to be trusted, transparent digital cash for the internet economy.” Mr. Allaire added that by introducing GLDC and SILC, Company Circle is extending that trust to two of the world’s most time-tested stores of value while preserving the functionality developers and institutions expect from USDC.
Key features spotlighted in the launch include: instant 24/7 USDC swaps to and from GLDC/SILC at real-time market prices, on-chain settlement enabling integration with wallets and DeFi, and enterprise-grade access designed for institutional traders and fintech platforms. Ms. Elisabeth Carpenter, Product Executive at Company Circle, said tokenized commodities are a logical evolution for capital markets and highlighted new use cases in treasury management, cross-border settlement, and on-chain risk diversification.
Why this matters: Tokenization of gold and silver on public blockchains potentially lowers frictions for moving commodity-linked value, opens composability with smart contracts, and provides new settlement rails for treasury and cross-border flows. By denominating tokenized metals against COMEX benchmarks and enabling swaps with USDC, Company Circle positions USDC as a multi-asset settlement layer capable of supporting fiat, commodities, and programmable instruments in a single interoperable ecosystem.
From a market perspective, GLDC and SILC could attract demand from both crypto-native investors seeking commodity diversification and traditional institutions looking for on-chain settlement alternatives. Liquidity modeled on COMEX should help maintain efficient price discovery, though market participants will monitor spreads, custody arrangements, and regulatory clarity as adoption grows.
Integration and developer implications: Because GLDC and SILC are issued and settled on public blockchains, developers can build composable products—such as tokenized ETFs, on-chain hedging strategies, or payment rails that combine USDC and metal exposure—without bespoke custody integrations. Company Circle also signals enterprise readiness by emphasizing institutional access and compliance-minded infrastructure.
Context and disclosures: The announcement appears as a sponsored press release published via CircleMetals.com and distributed by Circle press channels. It is for informational purposes and does not constitute investment, legal, or tax advice. The industry will watch how third-party platforms and DeFi protocols integrate GLDC/SILC, how audits and reserves are maintained, and whether regulators raise questions about tokenized commodities and stablecoin interoperability.
Outlook: Over the coming months, expect Company Circle to expand institutional access, publish technical and compliance details, and encourage developer integrations that leverage USDC liquidity. If adoption ramps, the tokenized metals initiative could be a notable case study in bringing traditional commodities into the programmable world of digital finance.