{"id":44921,"date":"2026-07-02T10:30:11","date_gmt":"2026-07-02T10:30:11","guid":{"rendered":"https:\/\/www.europesays.com\/france\/44921\/"},"modified":"2026-07-02T10:30:11","modified_gmt":"2026-07-02T10:30:11","slug":"credit-agricole-launches-euro-stablecoin","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/france\/44921\/","title":{"rendered":"Cr\u00e9dit Agricole Launches Euro Stablecoin"},"content":{"rendered":"<p>                                <img decoding=\"async\" src=\"https:\/\/www.europesays.com\/france\/wp-content\/uploads\/2026\/07\/iStock-871491470-1024x566.jpg\" alt=\"Cr\u00e9dit Agricole Launches Euro Stablecoin\"\/>                                <\/p>\n<p class=\"u-text-m u-line-h-m\">Cr\u00e9dit Agricole S.A. announces the launch of its euro stablecoin, EURXT (EURO eXchange Token), alongside the first subscription via EURXT into a tokenised Amundi money market fund \u2013 a European first. This transaction marks a significant milestone in the development of on-chain settlement solutions for institutional investors and corporates.<\/p>\n<p class=\"u-text-m u-line-h-m\">This launch forms part of Cr\u00e9dit Agricole S.A.\u2019s ACT 2028 medium-term plan and its commitment to accelerating its development in tokenised finance. The stablecoin is initially being made available to institutional investor clients and corporate clients of CACEIS.<\/p>\n<p class=\"u-text-m u-line-h-m\">Issued on the Ethereum blockchain by CACEIS, a European leader in asset servicing, EURXT is an electronic money token pegged to the euro, based on the ERC-20 standard. Backed by fiat euro at a 1:1 parity, EURXT aims to provide a stable digital settlement instrument suited to the emerging use cases of tokenised finance. EURXT is an electronic money token compliant with the MiCA regulation.<\/p>\n<p class=\"u-text-m u-line-h-m\">An initial issuance has been successfully carried out to settle a subscription to the Amundi Money Market Fund. This marks the first subscription to a tokenised Luxembourg-domiciled UCITS money market fund settled in euro stablecoin at the European level, illustrating the potential of tokenisation to enhance operational efficiency, reduce settlement times, and drive innovation in asset management.<\/p>\n<p class=\"u-text-m u-line-h-m\">EURXT benefits from the strength of the Cr\u00e9dit Agricole Group and is secured by dedicated reserves, consisting exclusively of cash held on the balance sheet of CACEIS Bank.<\/p>\n<p class=\"u-text-m u-line-h-m\">Olivier Gavalda, Chief Executive Officer of Cr\u00e9dit Agricole S.A., commented:\u00a0\u201cThe launch of our on-chain digital settlement currency aligns with our strategic plan and our ambition to support our clients in the progressive adoption of new settlement standards. With EURXT, we are placing at their disposal a stable, secure payment instrument that complies with the latest European regulatory requirements. In doing so, we are providing a trusted environment in which to explore new investment approaches, enhance efficiency, and prepare for the next generation of financial services.\u201d<\/p>\n<p class=\"u-text-m u-line-h-m\">The amount and composition of the reserves held by CACEIS Bank, as well as the associated White Paper, can be viewed at any time on the website at the following address:\u00a0<a tabindex=\"0\" href=\"https:\/\/stable-xt.io\/\" target=\"_blank\" rel=\"noopener nofollow\">https:\/\/stable-xt.io<\/a><\/p>\n<p class=\"u-text-m u-line-h-m\">Source: Cr\u00e9dit Agricole<\/p>\n<p>                                            <img decoding=\"async\" src=\"https:\/\/www.marketsmedia.com\/wp-content\/themes\/Markets_Media_RS\/static\/img\/email.svg\"\/><\/p>\n<p>                                            NEWSLETTER SIGN UP<\/p>\n<p>And receive exclusive articles on securities markets<\/p>\n","protected":false},"excerpt":{"rendered":"Cr\u00e9dit Agricole S.A. announces the launch of its euro stablecoin, EURXT (EURO eXchange Token), alongside the first subscription&hellip;\n","protected":false},"author":2,"featured_media":44922,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12927],"tags":[108,14640,12947,13481,1863],"class_list":["post-44921","post","type-post","status-publish","format-standard","has-post-thumbnail","category-credit-agricole","tag-banks","tag-buy-side","tag-credit-agricole","tag-stablecoin","tag-tokenization"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/44921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/comments?post=44921"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/posts\/44921\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media\/44922"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/media?parent=44921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/categories?post=44921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/france\/wp-json\/wp\/v2\/tags?post=44921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}