EU officials are considering issuing the digital euro on public chains like Ethereum or Solana.

On August 22, according to the Financial Times, sources revealed that the latest stablecoin bill in the United States has raised concerns about the competitiveness of European digital currencies, prompting EU officials to accelerate the planning of the digital euro. Last month, the U.S. Congress passed a landmark "Genius Act" to regulate a stablecoin market worth $288 billion, primarily dominated by the dollar. A participant in the discussions stated that since the passage of the bill, EU officials have been "rethinking the plans for the digital euro." Insiders added that due to privacy concerns, officials are currently considering running the digital euro on public blockchains like Ethereum or Solana, instead of the previously expected private blockchains.