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Company Debunks Fake Platform Offering Tokenized Precious Metals
A purported press release circulated on December 24 announced the launch of CircleMetals, a platform allegedly created by Circle, the issuer of the USDC stablecoin, to facilitate tokenized gold and silver trading. However, a Circle spokesperson has confirmed that the release and the platform are 'fake'. The release, which utilized Circle's branding and quoted executives, including CEO Jeremy Alla…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denounces 'Fake' Platform Offering Tokenized Precious Metals Swaps
A press release that emerged on Christmas Eve, claiming Circle had unveiled a platform for tokenized gold and silver swaps, has been disavowed by the company. The release, which utilized Circle's branding and quoted executives, including CEO Jeremy Allaire, was described as 'not real' by a Circle spokesperson. The platform, dubbed 'CircleMetals,' had been promoted through a press release distribu…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Exposes 'Fake' Platform Offering Tokenized Precious Metals Trading
A purported press release circulated on December 24 announced the launch of CircleMetals, a platform allegedly enabling users to trade tokenized gold and silver. However, a Circle representative confirmed that the release was 'fake'. The platform, which was promoted through a now-deleted website, claimed to offer 24/7 swaps between USDC and gold and silver tokens, with rewards in a mysterious CIR…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denounces Fake Platform Offering Tokenized Gold and Silver Swaps
A purported press release circulated on December 24 announced the launch of CircleMetals, a platform allegedly enabling 24/7 swaps between USDC and tokenized gold and silver. However, Circle has confirmed that the release and platform are fake. The release, which utilized Circle's branding and cited executives, promoted a service allowing users to swap USDC for tokens supposedly backed by gold an…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denounces 'Fake' Platform Offering Tokenized Gold and Silver Swaps
A purported press release announced the launch of CircleMetals, a platform allegedly enabling users to trade USDC for tokenized gold and silver, but Circle has confirmed this to be a hoax. The release, which utilized Circle's branding and quoted executives, promoted a service allowing 24/7 swaps between USDC and supposed gold and silver tokens, backed by COMEX-linked liquidity. It also encouraged…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denies Launch of Tokenized Gold and Silver Trading Platform, Calls it 'Fake'
A purported press release announced the launch of CircleMetals, a platform allegedly offering 24/7 swaps between USDC and tokenized gold and silver, but Circle has confirmed this is not genuine. The release, distributed on December 24, utilized Circle's branding and included quotes from executives, including CEO Jeremy Allaire. However, a spokesperson for Circle has stated that the release is 'fa…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denounces 'Fake' Platform Offering Tokenized Precious Metals
A purported press release circulated on December 24 announced the launch of CircleMetals, a platform allegedly enabling users to trade tokenized gold and silver, but Circle has confirmed this to be false. The release, which utilized Circle's branding and quoted executives including CEO Jeremy Allaire, described a service facilitating 24/7 swaps between the USDC stablecoin and supposed gold and si…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Exposes 'Fake' Platform Offering Tokenized Gold and Silver Swaps
A purported press release emerged on Christmas Eve, announcing the launch of CircleMetals, a platform allegedly from Circle, the issuer of the USDC stablecoin. The platform claimed to offer tokenized gold and silver trading, enabling 24/7 swaps between USDC and purported gold and silver tokens backed by COMEX-linked liquidity. However, a Circle spokesperson confirmed that the release and the plat…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denounces 'Fake' Platform Offering Tokenized Gold and Silver Swaps
A purported press release issued on December 24 announced the launch of CircleMetals, a platform allegedly enabling users to trade tokenized gold and silver, but Circle has confirmed this is entirely fabricated. The fake release, which included quotes from Circle executives and utilized the company's branding, promoted a service allowing 24/7 swaps between USDC and supposed gold and silver tokens…
Dec. 24, 2025, 6:54 p.m.
Web3
Circle Denounces Tokenized Gold and Silver Trading Platform as Fake
A press release distributed on Christmas Eve announced the launch of CircleMetals, a platform allegedly allowing users to trade tokenized gold and silver, but Circle has confirmed this to be a hoax. The fake platform, which was taken down, offered 24/7 swaps between USDC and supposed gold and silver tokens, with rewards in the form of $CIRM tokens, which could not be verified. The release used Ci…
Dec. 24, 2025, 6:54 p.m.