# GPC (Gold Pegged coin)

The GPC token is an ERC-20 token powered by the Polygon (Matic) Network.&#x20;

The GPC token is an ERC-20 token backed by gold. It is a gold stable token with a price equal to 1 GPC = 0.01 grams. The gold stable token allows users to store gold, which is difficult to store or move, through a blockchain wallet. In addition, by blockchainizing gold, it can be conveniently used in various blockchain markets.
