ECB invites euro-area merchants to test beta digital euro payments from 2027 as the central bank prepares for possible 2029 issuance.
- The ECB is inviting euro-area merchants to test a beta version of the digital euro in a pilot program starting in late 2027.
- This 12-month trial will assess payment functionality, operational processes, and customer experiences to inform potential issuance around 2029.
- Merchant adoption and EU legislation are key factors determining whether the digital euro will be officially launched.
Topics: Jurisdictions, Blockchain usage, Payment system integration, Regulatory sandboxes pilots, Private enterprise ledgers, Wholesale cbdc settlement
Tags: #digitaleuro #ecb #pilotprogram #merchants #payments #centralbankdigitalcurrency #2027 #2029 #euroarea
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