⏺ Digital Euro can operate on Ethereum or Solana — FT
After the passage of the stablecoin law in the USA, the European Union has accelerated the digital euro project, reports the Financial Times. The reason is concerns that dollar tokens will gain a dominant position and undermine the euro's standing.
The European Union is exploring the possibility of issuing the asset not on a private system, but on a public network. Among the blockchain options being considered are Ethereum and Solana. The decision will increase transparency and liquidity, but there are risks to user privacy.
