Circle’s EURC Goes Live on Upbit in South Korea

Circle’s euro-backed stablecoin EURC has gone live on Upbit in South Korea, according to unconfirmed reports, marking a new venue for the token on one of the country’s largest exchanges. The launch of EURC on Upbit is not yet backed by a readable primary announcement from either Circle or Upbit, so its operational scope stays open.

What the headline establishes

The report identifies three things: the asset is EURC, the platform is Upbit, and the market is South Korea. A single source, Crypto Briefing, reported the listing, and no independent primary confirmation was obtained. For related coverage, see SlowMist: Liquid Network Exploit Minted 3,998 L-BTC.

EURC is Circle’s euro-denominated stablecoin, formerly named Euro Coin under the symbol EUROC. Circle states it is redeemable 1:1 for euro under a full-reserve model, publishes reserve attestations monthly, and displayed circulation of €402.3M as of September 10, 2026. Circle also limits direct Circle Mint access to qualified businesses and wholesale distributors. For related coverage, see HeyAnon Token Triples After Equilibra Robinhood Chain Deployment.

EURC circulation reported by Circle

€402.3M

That issuer snapshot follows EURC crossing the 400-million mark in circulation, but it measures supply at Circle, not liquidity on any exchange.

What the EURC launch establishes about access on Upbit

Trading and transfer scope remains unspecified

The available context names Upbit as the venue but does not establish whether trading, deposits, and withdrawals became available together. The phrase “goes live” alone does not confirm a full set of user capabilities.

No trading pairs, supported networks, or eligibility rules are confirmed in the supplied material. There is no basis to assume a KRW pair, universal access for South Korean users, or availability across all Upbit markets. Claims about liquidity, demand, adoption, or price impact cannot be supported from the brief.

For market context only, EURC traded at $1.16 against the US dollar. Because EURC targets one euro, that quote does not indicate a deviation from its peg, and it is not launch-time data from Upbit.

EURC price in US dollars

$1.16

EURC launch details still needed for users

Timing, fees, and eligibility to confirm

The supplied material provides no launch schedule, transaction fees, transfer limits, or account eligibility rules. The launch date and time zone are also unresolved; a secondary report referenced an August 28 start, but no primary source confirmed the date, year, or time.

Until Circle or Upbit publishes a readable notice, these gaps stay open. Circle positions EURC alongside its dollar stablecoin business, having recently expanded USDC issuance sharply, while separate stablecoin shifts such as the GYEN wind-down and USDC conversion show how listing and redemption terms shape user access.

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 do your own research before making decisions.