Circle’s euro stablecoin EURC is now listed on Upbit, South Korea’s largest cryptocurrency exchange. The listing gives Korean users access to a token designed to track the value of the euro, although several practical details about trading and transfers remain unconfirmed.

EURC markets available on Upbit

Upbit’s market list includes three EURC markets: KRW-EURC, USDT-EURC and BTC-EURC. EURC can therefore be paired with the Korean won, the USDT stablecoin and Bitcoin.

The existence of a market on the exchange does not, by itself, confirm that live trading, deposits and withdrawals are all open. The available market data did not establish those operational details.

Reports that the listing launched around September 11, 2026, were based on unconfirmed news headlines, while indexed reports cited different dates. As a result, no single launch date is being treated as established fact.

What is Circle’s EURC?

EURC is Circle’s euro-backed stablecoin, issued under a full-reserve model, according to Circle’s EURC issuer page. Circle says the token is backed 100% by euro and redeemable 1:1 for euro.

A stablecoin is a cryptocurrency token intended to maintain a relatively stable value. In EURC’s case, that reference value is the euro. Circle publishes monthly reserve attestations for the token and operates Circle Mint, which allows qualified businesses and wholesale distributors to convert euros into EURC and redeem EURC back into euros.

EURC was previously known as Euro Coin and EUROC. Circle says the token’s existing blockchain addresses remain unchanged despite the name change.

For Upbit users, the euro reference describes the asset that EURC is designed to track. It does not mean that Upbit offers a direct EUR trading pair. The confirmed markets are denominated in Korean won, USDT and Bitcoin.

EURC listing details that remain unconfirmed

The exact trading start time, regional or account eligibility requirements, and whether all three markets are fully live were not confirmed in the available data.

Deposit and withdrawal conditions also remain unclear. In particular, the available information did not establish which blockchain networks Upbit supports for EURC transfers or whether deposits and withdrawals are currently open. Sending tokens through an unsupported network can result in a loss.

The listing itself does not provide information about trading volume, liquidity or price movements. For background only, EURC had a market value of approximately $464.49 million in a September 12, 2026 research snapshot.

Circle has also been expanding its business through initiatives including a plan to acquire payments company Tazapay and changes to how it manages USDC across blockchains. However, exchange availability is separate from broader adoption.

Users considering EURC on Upbit should confirm the trading start time, supported deposit and withdrawal networks, and applicable account rules through Upbit’s official notices before taking action.

Source: CoinLineup

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always conduct your own research before making decisions.