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Crédit Agricole, World’s Largest Cooperative Bank, Launches Stablecoin EURXT

Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement on Wednesday, the bank issu...

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Crédit Agricole, World’s Largest Cooperative Bank, Launches Stablecoin EURXT
Crédit Agricole S.A. has launched a euro-backed stablecoin called EURXT and used it to settle the first subscription into a tokenized money market fund in Europe. According to the announcement on Wednesday, the bank issued the token through CACEIS, its asset servicing arm, on the Ethereum blockchain. EURXT follows the ERC-20 standard and carries a […]

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Ethereum is showing up inside the Stablecoins theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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