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🐋 WHALE WATCH: Crédit Agricole launched EURXT on Ethereum the day MiCA took full effect.
The issuer is CACEIS which holds €4.6T in assets under custody.
The stablecoin is backed 1:1 by euro reserves and goes straight into live settlement for tokenized funds.
This isnt a pilot. Its production infrastructure from the largest banking group in Europe.
The gap between TradFi and DeFi just got a lot smaller.