ECB Sets 2029 Launch Goal for Digital Euro, Aiming for Mid-2027 Pilot Runs

The European Central Bank (ECB) is aiming to launch the digital euro by 2029. The project’s pilot activities are set to begin in mid-2027 as part of EU leadership’s push to accelerate central bank digital currency (CBDC) development. This initiative aims to bolster payment resilience across Europe and potentially disrupt euro-backed stablecoins, impacting the broader financial landscape.