美国稳定币法案通过后，欧盟加速推进数字欧元计划

Core Insights - The rapid advancement of stablecoin legislation in the U.S. has prompted the EU to reassess and accelerate its digital euro initiative to safeguard the euro's competitiveness and Europe's financial sovereignty [1][2] - The U.S. legislation, specifically the "Genius Act," aims to regulate a $288 billion stablecoin market, creating a sense of urgency among EU officials to act swiftly [1][2] - The EU is now considering a significant shift in the technological foundation of the digital euro, moving from a private blockchain to potentially utilizing public blockchains like Ethereum or Solana [1][3] Group 1: U.S. Legislation Impact - The U.S. stablecoin legislation has intensified European policymakers' long-standing concerns regarding the dominance of the dollar in the stablecoin market [2] - The largest euro stablecoin, issued by Circle, has a market cap of only $225 million, highlighting the disparity with the vast U.S. dollar stablecoin market [2] - The U.S. law is fostering unprecedented discussions within the EU, pushing for more decisive actions [2] Group 2: Technological Shift - The EU is seriously considering a fundamental strategy adjustment regarding the digital euro's technological base, moving towards public blockchain solutions [3] - Utilizing public blockchains could enhance the digital euro's transaction capabilities, promoting broader circulation and usage [3] - The shift raises concerns about user privacy due to the transparency of public ledgers, which has been a core reason for previous caution [3] Group 3: Global CBDC Competition - The EU's recent developments are indicative of the accelerating global competition in central bank digital currencies (CBDCs) [4] - The European Central Bank has been researching the digital euro for years, with proponents arguing it will provide a secure payment method as cash usage declines [4] - The issuance of a digital euro by the European Central Bank would be a decisive step in solidifying the region's commitment to digital assets, reducing reliance on foreign payment solutions [4]