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ECB lines up network providers for digital euro pilot

The trial of a possible public digital currency is scheduled for the second half of 2027.

EuroWeeklyNews.uk Desk

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The European Central Bank published the result of its network procurement on 30 October. It selected two providers, with the first-ranked provider’s contract initially covering connections for the digital euro trial.

The ECB plans a 12-month pilot involving payment firms, selected merchants and staff from the Eurosystem. Its aim is to test how people might use the system in everyday payments. The decision on issuing a digital euro is separate from this technical work.

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