Key Takeaways Crédit Agricole, the world’s 10th largest bank, issued EURXT on Ethereum, backed 1:1 by euro reserves. CACEIS settled Amundi’s Luxembourg money market fund subscription in EURXT, a European first. Crédit Agricole targets 8.5 billion euros in 2028 net income under its ACT 2028 plan. According to the announcement on Wednesday, the bank issued the token through CACEIS, its asset servicing arm, on the Ethereum blockchain. EURXT follows the ERC-20 standard and carries a 1:1 peg to the euro. The token complies with the European Union’s Markets in Crypto-Assets regulation, known as MiCA. A European First for Fund Settlement …


