European officials are now considering running a digital euro on public blockchains such as Ethereum or Solana, rather than the private blockchains previously expected due to privacy concerns, following years of research by the European Central Bank into a possible digital version of the euro.
European Union officials are now concerned that U.S. legislation will further boost the use of dollar-denominated tokens, necessitating the introduction of a digital euro to protect the euro's dominance across the continent.
The European Central Bank responded to running a digital euro on public blockchains such as Ethereum: No final decision has been made on the matter yet
2025-08-23 12:16:10
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