EU Explores Ethereum and Solana for Digital Euro Amid U.S. Pressure

The European Union is accelerating its plans to create a digital euro in response to mounting pressure from the United States, which recently passed comprehensive stablecoin legislation. As policymakers consider public blockchain platforms like Ethereum or Solana for this initiative, they seek to boost the euro’s global competitiveness in the digital era. This move stems from concerns over the US’s dominance in the rapidly expanding stablecoin market.