Cryptocurrency1 Jul 2026SEO 801 min read

Analysis: French banking giant Crédit Agricole rolls out euro stablecoin, EURXT

EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV.…

EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, and competes with Circle's EURC and SocGen's EURCV. Crédit Agricole introduced the EURO eXchange Token (EURXT), a euro-pegged, MiCA-compliant stablecoin issued on Ethereum by its asset-servicing arm, Caceis. EURXT debuted with 20 million tokens in circulation, backed 1:1 by euro reserves at Caceis Bank, according to data on the project's website. The token joins a market already popul…

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