️ NEW: The ECB has selected 36 payment providers, including Stripe, Revolut and Deutsche Bank, to test the digital euro ahead of a 2027 pilot.

What happened

The ECB chose 36 payment providers, such as Stripe, Revolut and Deutsche Bank, to take part in trials of the digital euro before the 2027 pilot.

Confirmed

Global impact / market context

Testing with major payment firms shows the ECB’s commitment to a digital euro, which could change how Europeans make everyday transactions and influence the future of digital money in the region.

Analyst inference

The European Central Bank (ECB) is preparing a digital euro, a central bank digital currency, and is moving from design to testing with private firms before a larger pilot planned for 2027.

Confirmed

What to watch

1. How quickly the selected providers can integrate the digital euro into their existing payment flows, which will affect the speed of broader market rollout. Proposed
2. Whether the digital euro trials reveal cost or technical advantages that could encourage other banks and fintechs to join future pilots. Analyst inference
3. Regulatory feedback from the tests that might shape the final rules governing how the digital euro can be used by businesses and consumers. Analyst inference

Evidence

• x.com