Digital Currency & Blockchain Implications - EU launching a digital euro on Ethereum or Solana would transform them into critical financial infrastructure [1] - A euro stablecoin backed by a state actor fundamentally alters the landscape compared to private entities like Tether & Circle [1] - If the euro operates on public chains, Europe would need to actively secure the network as national infrastructure [1] - This includes running validators, staking at scale, and contributing to network resilience via public funding and lobbying [2] - The scenario could trigger a global race among countries like China and Japan to launch their own stablecoins on public chains [1] Geopolitical & Economic Strategy - Securing the network would involve running validators, staking at scale, and contributing to their resilience and development via public funding and lobbying [2] - The need to secure the network could initiate a global competition for ETH/SOL if other major economies introduce their stablecoins on public blockchains [1]
X @Ignas | DeFi
Ignas | DeFiยท2025-08-22 22:40