L’Agefi (July 1, 2026): Crédit Agricole launched EURXT euro stablecoin via CACEIS. First European subscription to tokenized UCITS money market fund via bank-issued stablecoin (Amundi). MiCA-regulated on Ethereum; institutional/corporate clients first; exchange listing planned with EURXT/BTC and EURXT/SOL pairs.
Reserves exclusively cash on CACEIS balance sheet. French banks racing for stablecoins despite low euro market traction (~1% of $300B global supply). Qivalis 37-bank consortium expected H2 2026.