CoinDesk July 1, 2026: Crédit Agricole CACEIS launched EURXT on Ethereum — MiCA-compliant euro EMT. 20M tokens, 1:1 euro reserves at CACEIS Bank. First subscription to tokenized Amundi Luxembourg UCITS money market fund.
Competes with Circle EURC (~378M) and SocGen EURCV (~124M). Qivalis consortium (37 EU banks) planning H2 2026 launch. Part of ACT 2028 tokenized finance strategy. Euro stablecoins ~0.5% of global stablecoin market.