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BTCC / BTCC Square / Global Cryptocurrency /
ECB Advances Digital Euro Testing with Innovation Hub as Preparation Phase Concludes

ECB Advances Digital Euro Testing with Innovation Hub as Preparation Phase Concludes

Author:
Global Cryptocurrency
Published:
2025-05-06 15:03:01
19
3

The European Central Bank has mobilized 70 entities—ranging from fintech startups to banking giants—to stress-test its digital euro framework. Accenture, Swisscom, CaixaBank, and KPMG now collaborate on payment use cases, signaling institutional momentum for the CBDC.

President Christine Lagarde’s October deadline for the preparation phase looms, with merchant adoption and interoperability taking center stage. The project’s scale reflects Europe’s strategic positioning in the global race for sovereign digital currencies.

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