French banking giant Crédit Agricole's CACEIS launches euro stablecoin EURXT, settling first Amundi fund trade.

Crédit Agricole launches EURXT, a euro-pegged stablecoin on Ethereum with 1:1 reserves and 20.02 million tokens, aimed at institutional tokenized finance.

EURXT launched with 20.02 million tokens in circulation, backed 1:1 by euro reserves at CACEIS Bank, according to data on the project's website.