The European Central Bank aims to launch a digital euro pilot in 2027.
Jinse Finance reported that the European Central Bank stated on Thursday that, if it can obtain timely approval from legislators, it may launch its digital currency pilot project in 2027. The European Central Bank believes that this project is crucial for the financial autonomy of the eurozone. The ECB positions it as a strategic alternative to privately operated payment methods dominated by the United States, such as credit cards and stablecoins. The ECB noted that this move is becoming increasingly important in an era of heightened geopolitical tensions, as financial autonomy and resilience are seen as key to safeguarding Europe's economic sovereignty. After four years of research and preparation, the ECB said it is now considering a pilot, which means that some digital euro transactions could take place as early as mid-2027, with a full rollout two years later.
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