Dendrimer-encapsulated nanoparticles (DENs) containing averages of 55, 147, and 225 Pt atoms immobilized on glassy carbon electrodes served as the electroactive surface for the underpotential deposition (UPD) of a Cu monolayer. This results in formation of core@shell (Pt@Cu) DENs. Evidence for this conclusion comes from cyclic voltammetry, which shows that the Pt core DENs catalyze the hydrogen evolution reaction before Cu UPD, but that after Cu UPD this reaction is inhibited. Results obtained by in situ electrochemical X-ray absorption spectroscopy (XAS) confirm this finding.