Woofun AI reports that CACEIS, the asset servicing division of Crédit Agricole, has launched the euro-pegged stablecoin EURXT on the Ethereum blockchain. The entity completed the initial subscription for an Amundi tokenized money market fund utilizing EURXT, targeting institutional and corporate clients. The token maintains a 1:1 peg to the euro with no issuance cap, adjusting supply via smart contracts based on demand. Launch data indicates a circulating supply of 20.02 million tokens, fully backed by equivalent euro reserves held by CACEIS Bank. EURXT adheres to EU MiCA regulations, following CACEIS's acquisition of a MiCA license from French regulators in June 2025.