The EU accelerates plans for a digital euro stablecoin with a potential rollout on the Ethereum or Solana blockchain.

The European Union has accelerated its digital euro project. Brussels has been quickened by the prospect of the dollar strengthening in the digital space with the US's new stablecoin law. Now, a critical question remains: Will the digital euro be launched on public blockchains instead of traditional closed systems?

Recent information indicates that Ethereum and Solana are being seriously considered. This choice has significant implications: If the European Central Bank (ECB) launches the digital euro on these networks, not only EU citizens but also global users will have access to a euro-backed digital asset. This could give the euro much broader liquidity and usability in the digital age.

However, with opportunities come risks. While public blockchains provide transparency, there are questions about privacy and regulatory compliance. The ECB will complete the preparatory phase, which began in 2023, and make a final decision by the end of 2025.

For now, the picture is clear: The digital euro is not just a new means of payment, but also a strategic move for European financial sovereignty. This move could be brought to a global stage on networks like Ethereum or Solana.