According to a report by Golden Finance, citing sources, the European Central Bank is considering operating the digital euro on public chains such as Ethereum, rather than private chains. Unlike private chains where data is strictly limited 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 mark an important milestone in the development of the digital euro. Another source mentioned that the private form of the digital euro 'looks more like the approach of the People's Bank of China, rather than that of private U.S. enterprises.' This source specifically referred to China's central bank digital currency (CBDC), which is privately deployed, in contrast to public stablecoins developed by companies like Circle. The European Central Bank has not publicly confirmed whether it is considering Ethereum or Solana.
