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.(Ignas | DeFi)