EU Considers Ethereum, Solana for Digital Euro Blockchain

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The European Union is actively exploring the use of major public blockchains, including Ethereum and Solana, as the foundation for a digital euro.

According to a Financial Times report citing sources, the European Central Bank (ECB) is weighing this approach against a private, centralized ledger.

This shift marks a potential milestone, as the ECB has not yet finalized the project’s technical design. An official involved stated that using a public blockchain is now being “taken more seriously.”

The move would distinguish the EU’s strategy from China’s state-controlled digital yuan, aligning it more closely with the innovation-driven approach of US crypto firms.