The European Union is accelerating its plans to introduce a digital euro stablecoin in response to the United States passing the Genius Act, a comprehensive stablecoin law. This U.S. legislation has raised concerns within the EU about the competitiveness of the euro in the evolving digital currency landscape. As a result, EU officials and the European Central Bank (ECB) are reconsidering their approach to the digital euro, including the possibility of deploying it on public blockchain networks such as Ethereum or Solana, rather than on private or centralized blockchains as initially planned. This shift aims to enhance the digital euro's competitiveness and cross-border payment capabilities, although it also introduces potential privacy considerations. The move marks a notable change in central bank digital currency (CBDC) strategy, reflecting increased urgency to maintain financial sovereignty and counterbalance the influence of U.S. dollar-backed stablecoins. Discussions remain ongoing, with the EU weighing the implications of utilizing established public blockchain infrastructures for the digital euro rollout.