ECB picks 36 payment providers to test digital euro ahead of 2027 pilot

CoinTelegraph·

ECB picks 36 payment providers to test digital euro ahead of 2027 pilot

60-second summary

The European Central Bank is selecting 36 payment providers, including Revolut, to test a digital euro ahead of its 2027 pilot, following over 50 applications. This beta testing will help refine the digital currency's functionality and security. The successful rollout of the digital euro could reshape the European payment landscape, expanding access to a potential 342 million users.

The European Central Bank will beta test a digital euro with 36 providers, including Revolut, after the project drew more than 50 applications.