Mr Usman NewsroomIndependent digital publication
News / Crypto & Digital Assets / French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
Crypto & Digital Assets

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.

French banking giant Crédit Agricole rolls out euro stablecoin, EURXT
French banking giant Crédit Agricole rolls out euro stablecoin, EURXT · Photo: Unsplash

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.

Editor note: Verify the facts, add original context and review the source before publishing.

Source and transparency

This article references CoinDesk. Open original source.