The European Central Bank is recruiting e-commerce and mobile commerce merchants to take part in a digital euro pilot, according to Odaily, citing CoinDesk. The trial is scheduled to begin in the second half of 2027 and run for 12 months. It will use a test currency that resembles the digital euro but does not carry legal tender status. The pilot will cover both online and offline payments and is intended to support preparations for a possible digital euro launch in 2029. CoinDesk said the ECB is also looking to expand merchant acceptance and lower payment costs as usage of U.S. dollar stablecoins rises in Europe. The program focuses on testing payment use cases rather than introducing the final form of the digital euro.
The European Central Bank, or ECB, is recruiting e-commerce and mobile commerce merchants for a digital euro pilot, according to Odaily, citing CoinDesk.
The pilot is set to start in the second half of 2027 and will run for 12 months. It will use a test currency similar to the digital euro, but without legal tender status. The trial will cover both online and offline payments and is meant to prepare for a possible digital euro issuance in 2029.
CoinDesk reported that the ECB wants to respond to growing use of U.S. dollar stablecoins in Europe by widening merchant acceptance and cutting payment costs.
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