EU Fast-Tracks Digital Euro Plans with Ethereum and Solana Under Consideration

European Union officials are fast-tracking digital euro plans after the U.S. approved legislation regulating its $288 billion stablecoin market.

Concerned about the growing dominance of dollar-backed tokens, the EU is debating whether to build the digital euro on a public blockchain such as Ethereum or Solana. Rather than a private system. The European Central Bank has studied the project for years to ensure a central bank–backed payment option as cash use declines. While both centralized and decentralized technologies remain under review. No final decision has been made.

Clever Robot News Desk 23^th August 2025