Crédit Agricole launches EURXT euro stablecoin on Ethereum for Amundi tokenized fund settlement
CoinTelegraph •
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Promote with Leviathan NewsCrédit Agricole's CACEIS launched EURXT, a MiCA-compliant ERC-20 electronic money token backed 1:1 by euro cash reserves at CACEIS Bank. The first issuance settled a subscription into a tokenized Amundi money market fund, giving the bank a live institutional settlement use case. The project site showed 20.02M EURXT outstanding against roughly €20.02M in reserves at launch.
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