• Europe’s Third-Largest Bank Crédit Agricole Debuts Euro-Backed Stablecoin
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    Europe’s Third-Largest Bank Crédit Agricole Debuts Euro-Backed Stablecoin

    Crédit Agricole launches EURXT, a MiCA-compliant euro-backed stablecoin on Ethereum, expanding tokenized finance for institutional and corporate clients. Crédit Agricole, Europe’s third-largest bank by assets, has launched its euro-backed stablecoin called EURXT. The stablecoin is launched by the bank’s asset servicing arm, CACEIS, on the Ethereum blockchain. Initially, EURXT is available only to institutional investors…