The EU is considering running the digital euro on public chains like Ethereum

According to sources, EU officials are accelerating the planning of the digital euro, considering running it on public blockchains like Ethereum or Solana, rather than the previously expected private blockchains. This move is mainly due to the U.S. Congress passing a landmark Genius Act last month, which regulates the $288 billion dollar-dominated stablecoin market, raising concerns in Europe about the competitiveness of digital currencies.