Golden Finance reports that the European Central Bank is considering operating a digital euro on public chains such as Ethereum, rather than on private chains, according to sources cited by the Financial Times on Friday. Unlike private chains, where data is strictly restricted to authorized entities, public chains like Ethereum or Solana are open to everyone. Given that the European Central Bank has not yet finalized the technical framework for the project, if confirmed, the EU's exploration of public chains will become an important milestone in the development of the digital euro. Another source stated that the private form of the digital euro 'looks more like the approach of the People's Bank of China rather than that of American private enterprises.' This individual specifically mentioned China's central bank digital currency (CBDC), which is privately deployed, contrasting it with public stablecoins developed by companies like Circle. The European Central Bank has not publicly confirmed whether it is considering Ethereum or Solana.
