EU officials are reassessing the digital euro strategy amid US legislation on stablecoins
According to Foresight News, the Financial Times reports that recent US legislation on stablecoins has raised concerns about the competitiveness of Europe's digital currency. In response, European Union officials are accelerating plans for the digital euro. Since the passage of the US law, EU officials have been "revising the digital euro strategy." Sources indicate that, considering privacy issues, officials are now looking at the possibility of using the digital euro on public blockchains such as Ethereum or Solana, rather than the previously planned private blockchain.
