Circle clarifies: Claims of launching a tokenized gold and silver trading platform are false.

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Circle denies launching a tokenized gold and silver trading platform called 'CircleMetals,' calling it false information. The company warns users to avoid unverified links and wallet connections.

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Circletokenized goldfalse informationUSDCcryptocurrency security

ChainCatcher reports that, according to CoinDesk, Circle has clarified that a recent press release claiming the launch of its tokenized gold and silver trading platform, "CircleMetals," is false information. Released just before Christmas, the message forged the Circle brand and statements from executives, and directed users to connect their wallets to participate in the exchange of USDC for gold (GLDC) and silver (SILC) tokens. Circle has confirmed that it has never launched this service, and the related website is now offline. Circle reminds users to be vigilant and not to trust unverified links and wallet connection requests.

According to previous reports from ChainCatcher, Circle launched a tokenized gold and silver swap service based on USDC.

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