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Matrixdock Brings Tokenized Gold XAUm to Arc With Same-Day USDC Redemption
The launch gives eligible holders same-day USDC access and adds Uniswap liquidity as Matrixdock expands tokenized gold into onchain trading and collateral use.
Circle incorporated the first tokenized gold asset into its blockchain Arc via XAUm, a token backed by ingots guarded in Hong Kong and Singapore. Matrixdock highlights a possible cash settlement on the same day for eligible sellers, although its documentation still covers up to three business days, while the company seeks to differentiate itself from PAXG and XAUt with lower requirements for physical gold removal.