Get ready for a potential game-changer. The European Union is flirting with the idea of building its digital euro on established public blockchains like Ethereum and Solana.
Why it matters: This isn’t just another CBDC story. Moving away from a walled-garden, private blockchain would be a massive endorsement of decentralized tech from a major global regulator. Per the Financial Times, EU officials are now taking this idea “more seriously.”
The big picture: This approach would consciously distance the EU’s project from China’s heavily surveilled digital yuan. Instead, it would leverage the same open, innovative ecosystems that power much of the Web3 world, blending central bank authority with crypto-native technology.
