Macro· ★★★· neutral·

ECB Invites Firms to Test Digital Euro Payment Features

  • —ECB launched the New Wave of Digital Euro Innovation Activities on September 28, 2026
  • —Applications are open until November 9, 2026
  • —Merchants, payment service providers, fintechs and tech firms are invited to apply
  • —A separate merchant pilot will test a beta version of the digital euro in a controlled setting
Why it matters: Progress on the digital euro intensifies competition with private stablecoins and shapes EU regulation of digital payments.
Source: Coin Edition