Recently, a significant piece of news has garnered widespread attention in the crypto world: EU banks are making large-scale purchases of Ethereum (ETH). It is reported that about 6,000 EU banks each require 32 ETH, totaling a demand of 192,000 ETH. This action is closely related to the EU's Digital Money plan.

The digital euro project appears to be leveraging the infrastructure of Ethereum. The reason each bank requires 32 ETH is that this is the minimum requirement for running validating nodes under Ethereum's Proof of Stake (PoS) mechanism. A network size of 6,000 nodes is theoretically sufficient to support the operation of a medium-sized blockchain system.

If this plan is implemented, it will bring continuous buying pressure to the ETH market. Not only is there direct demand for ETH from banks, but the 340 million Europeans using ETH-based trading systems may also drive up gas fees, further increasing the demand for ETH.

However, from a technical perspective, this plan also faces some challenges. The security of the PoS network is closely related to the amount of staked ETH and the distribution of nodes. 192,000 ETH accounts for about 1.6% of Ethereum's current total supply, and this concentration may raise security concerns, such as the risk of a 51% attack. In addition, considering the high transaction volume and increased security demands that may be faced in the future, the scale of 192,000 ETH may not be sufficient, and it may need to be expanded to 500,000 or even 1,000,000 ETH in the future.

The European Union's introduction of blockchain technology into the monetary policy domain marks the gradual integration of Crypto Assets into the traditional financial system. This move may not only drive up ETH prices but, more importantly, it demonstrates the potential application of blockchain technology in large-scale financial infrastructure.

As this plan is further implemented, we will continue to follow its far-reaching impact on the crypto assets market, the European financial system, and the global digital money development trends.