A statement revealed this present day claimed that Circle, the issuer of the USDC stablecoin, has launched a brand unique platform called “CircleMetals” offering tokenized gold and silver trading. Then again, in step with an announcement from the company, these claims are deceptive.
A statement issued on December twenty fourth claimed that the platform supplied 24/7 swap between USDC and so-called gold (GLDC) and silver (SILC) tokens, with transactions supported by COMEX-linked liquidity. It also asserted that users would develop a “1.25% CIRM reward” for swapping. Then again, it used to be reported that the CIRM token in set a question to used to be now not listed on vast data platforms and should always restful now not be verified.
The get residing aged in the clicking delivery invitations users to connect their wallets. Experts warn that connecting wallets to unverified websites might perhaps perhaps well consequence in malicious actors draining property. The clicking delivery functions Circle branding and quotes executives, including CEO Jeremy Allaire.
The company’s clear statement read, “It has been confirmed that here is now not right.” Whereas the positioning is restful accessible, there’s no such thing as a credible proof of the existence of the GLDC and SILC tokens, or of any first rate monetary institution being inquisitive relating to the challenge.
*This is now not investment recommendation.
