ECB picks 36 payment providers to test digital euro ahead of 2027 pilot
The European Central Bank will beta test a digital euro with 36 providers, including Revolut, after the project drew more than 50 applications.
The European Central Bank is moving the digital euro from planning into testing, with dozens of payment companies joining the next stage of the project.
The ECB selected 36 payment service providers (PSPs) to participate in a digital euro pilot, according to an official announcement published Tuesday.
The list of selected PSPs includes fintechs Stripe and Revolut alongside traditional banks including Deutsche Bank, UniCredit and BPCE. Revolut has recently adjusted some cryptocurrency services for EU users by phasing out support for Tether USDt.