ECB Greenlights 36 PSPs for Digital Euro Pilot

The European Central Bank (ECB) has given the green light for 36 Payment Service Providers (PSPs) and selected merchants to participate in the Eurosystem's digital euro pilot. The pilot is expected to start late 2027, despite ongoing discussions about fees.

According to Paul Skeldon and Jarvis Todd, who took a closer look at the potential implications of the digital euro for telemedia, this development may have significant consequences for the industry in the future.