Crédit Agricole Launches EURXT Stablecoin On Ethereum
Crédit Agricole, Europe’s third-largest bank by assets, has launched the EURO eXchange Token (EURXT), a euro-backed stablecoin issued through its asset servicing arm, Crédit Agricole Caisse d’Epargne Investor Services (CACEIS). CACEIS announced the launch on Wednesday, alongside the first subscription using EURXT into a tokenized Amundi Money Market Fund. Issued on the Ethereum blockchain, EURXT…