Major Breaking News: Crédit Agricole CIB Issues Compliant Euro Stablecoin EURXT
Fully compliant with EU MiCA regulation; issued on the Ethereum ERC20 standard
1 euro in cash, 1:1 fully backed reserves, issued by its subsidiary CACEIS Bank
The launch is secured with initial subscriptions to Allianz tokenized money market funds, a European institutional RWA milestone
Major traditional banks enter the compliant euro stablecoin track, benefiting incremental institutional capital inflows to Ethereum
$ETH
#EURXT #MiCA #ETH
Fully compliant with EU MiCA regulation; issued on the Ethereum ERC20 standard
1 euro in cash, 1:1 fully backed reserves, issued by its subsidiary CACEIS Bank
The launch is secured with initial subscriptions to Allianz tokenized money market funds, a European institutional RWA milestone
Major traditional banks enter the compliant euro stablecoin track, benefiting incremental institutional capital inflows to Ethereum
$ETH
#EURXT #MiCA #ETH