ECB seeks online and mobile merchants for 12-month digital euro pilot
- —Applications for the digital euro pilot are open until October 27, 2026
- —The pilot starts in the second half of 2027 and runs for 12 months
- —In July, the ECB selected 36 payment providers from more than 50 applications
- —The beta version will not receive legal tender status
Why it matters: The pilot brings the launch of a euro-area CBDC closer, which could reshape retail payments and strengthen transaction oversight.
Source: Crypto Economy