ECB selects 36 firms for digital euro pilot

The European Central Bank (ECB) has selected 36 payment service providers (PSPs) to participate in its digital euro pilot, Cointelegraph reported. Participants include fintech firms Stripe and Revolut, alongside traditional banks such as Deutsche Bank and UniCredit. By country, Italy leads with seven participants, followed by Germany with five, and Portugal and Greece with three each. The pilot is scheduled to begin in the second half of 2027 and will involve the ECB and the central banks of 19 eurozone countries, including Belgium, Germany, and France.