EU Speeds Up Digital Euro Plans After U.S. Stablecoin Regulation

The European Central Bank is reassessing the technology framework for the digital euro after the passage of the U.S. stablecoin law. Officials are reviewing both centralized and decentralized approaches, along with distributed ledger technology. While earlier plans favored private blockchains for privacy reasons, public blockchains such as Ethereum and Solana are now under consideration. No final decision has been made regarding the platform for the digital euro.

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