Matrixdock Launches Tokenized Gold XAUm on Circle's Arc Blockchain
USDC (USDC)
Editor:
Eugene Serbin
manilatimes.net reports that Matrixdock, the real-world asset technology arm of BIT Group, has launched Matrixdock Gold (XAUm) on Arc, Circle's EVM-compatible Layer-1 blockchain. This launch introduces Arc's first tokenized gold asset, with each XAUm token representing one troy ounce of 99.99% purity gold sourced from LBMA Good Delivery refineries. The gold is held in allocated form at professional vaulting facilities operated by Brink's and Malca-Amit in Hong Kong SAR and Singapore.
Eligible redemptions now allow for same-day access to USDC proceeds, a shift from the conventional T+2 London settlement cycle for unallocated metal. XAUm/USDC liquidity is available through Uniswap, supporting onchain exchange and expanding the asset's utility for trading, lending, and collateral. Eva Meng, Head of Matrixdock, stated that on Arc, gold sits alongside dollar liquidity on the same network and settlement layer.
Nikhil Chandhok, Chief Product and Technology Officer at Circle, noted that the launch brings greater onchain utility and broader reach to tokenized gold. Matrixdock also issues Matrixdock Silver (XAGm) and STBT, aiming to build a Reserve Layer for onchain finance.
How the market reacted
Whalio's own Binance spot order flow for USDC, measured when this story was written up on 23 September 2026. Not the outlet's figures.
USDC is trading at $1.00 with a 1-hour buy ratio of 53.2%, indicating a slight edge for buyers over sellers in the short term. This 1-hour ratio is higher than the 4-hour reading of 52.5% and the 24-hour average of 50.4%, suggesting that buying pressure is currently building rather than fading. The Volume Delta for the last hour is positive at +$6,111,627, meaning more capital is flowing into buys than sells during this window. Over the past 24 hours, the cumulative Volume Delta stands at +$25,585,192, with a Cumulative Volume Delta (CVD) of +$127,810,405 at the close. This net buying flow occurred across a 24-hour spot volume of $3,138,012,925 and 676,700 trades.
The latest daily buy ratio of 50.2% sits at the 73rd percentile of the last 322 days, against a median of 48.4% - stronger buying than most days.
Was that an ordinary day?
The same Binance spot measurements for USDC, averaged over the days leading up to the story.
Compared to the preceding week, today's 24-hour buy ratio of 50.4% is slightly above the 7-day average of 49.0%, showing a marginal increase in buyer preference. Trading volume today was 1.09x the weekly average, indicating heightened activity relative to recent norms. While the 24-hour net buying flow is positive, the 8-day Volume Delta shows a total outflow of -$344,264,161, meaning the broader weekly trend has been dominated by net selling. Only 2 of the past 7 days saw net buying, making today a relatively more bullish day within a generally bearish weekly context. The price change over the last 8 days is -0.1%, reflecting minimal net price movement despite the volume fluctuations.