According to a press release issued by the European Central Bank on 14 July 2026, the institution has confirmed the selection of 36 payment service providers to join its digital euro pilot. This development marks a significant step in the project, as the chosen organisations will contribute to the testing and development phases of the digital currency framework.
The initiative aims to explore the practical implementation and technical integration of a digital euro within the existing financial infrastructure. By collaborating with these service providers, the European Central Bank intends to gather essential data regarding user experience and operational viability before determining the potential for a broader rollout across the eurozone.
Source: European Central Bank. Read the original report ↗