Think about it:
If the EU launched a digital euro on Ethereum or Solana, it would turn them into critical financial infra.
Tether & Circle are private. A euro stablecoin backed by a state actor changes everything.
ETH & SOL are neutral chains today. But if the euro runs on them, Europe can’t just 'trust the chain.' They’d need to:
- run validators
- stake at scale
- secure the network as national infra
- contribute to their resilience and development via public funding and lobbying
That could start a global race for ETH/SOL if China, Japan, and others launch their own stablecoins on public chains.
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