Digital Euro Pilot Program
Sector: Finance • Location: European Union
Source: Crypto Briefing
The European Central Bank (ECB) has selected 36 payment service providers to participate in a 12-month pilot program starting in the second half of 2027. The pilot aims to test the feasibility of a state-backed digital euro currency across 19 euro-area countries, focusing on real-world payment scenarios such as in-store transactions and person-to-person transfers. The project emphasizes privacy, s
- Status
- Prospective
- Sector
- Finance
- Location
- Unknown (Europe)
- Updated
- 22 Jul 2026
- Source
- Crypto Briefing
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The European Central Bank (ECB) has selected 36 payment service providers to participate in a 12-month pilot program starting in the second half of 2027. The pilot aims to test the feasibility of a state-backed digital euro currency across 19 euro-area countries, focusing on real-world payment scenarios such as in-store transactions and person-to-person transfers. The project emphasizes privacy, scalability, user experience, and operational efficiency, with a target for full issuance by 2029 pending legislative approval. |
Original sector | Finance |
Budget |
Location
Country | Unknown (Europe) |
Source
Source | Crypto Briefing |
URL |
More Details
Record type | Project |
Article published date | 2026-07-17 |
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