Financial Times: EU exploring public blockchains for digital euro

With the current U.S. administration pushing through the GENIUS Act, I was wondering how the EU would respond, considering its digital euro plans...

According to The Financial Times, apparently the European Central Bank has finally woken up and is now considering running a digital euro euro on public blockchains, rather than the private ledger infrastructure they originally anticipated:

EU speeds up plans for digital euro after US stablecoin law (alternative link) 

Here is an sightful article outlining the challenges Europe faces regarding the euro as a viable contender in the digital finance space - which is currently heavily dominated by the U.S. dollar:

Europe's Digital Currency Awakening: How American Stablecoin Dominance Forced a Blockchain Reckoning, it covers a.o. drivers of change, shift in EU strategy, privacy versus transparency debate, technical considerations, political context.

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