South Korean cryptocurrency exchange Upbit said it will add support for EURC trading, listing three pairs: EURC/KRW, EURC/BTC and EURC/USDT. EURC is a euro-backed stablecoin issued by Circle and is pegged 1:1 to the euro. The token is designed to serve as a digital payments solution for the euro area. According to the Upbit announcement cited by Techub News, the listing expands the exchange’s stablecoin offering and adds access to euro-denominated crypto assets for users on the platform. The update centers on the new market support and does not include additional launch details in the source provided.
Upbit, the largest cryptocurrency exchange in South Korea, said it will support trading for the EURC stablecoin, adding three pairs: EURC/KRW, EURC/BTC and EURC/USDT.
EURC is issued by Circle and is pegged to the euro on a 1:1 basis. The stablecoin is positioned as a digital payments solution for the euro area.
According to an Upbit announcement cited by Techub News, the new listing broadens the exchange’s stablecoin lineup and adds access to euro-denominated assets for users.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
