ECB Digital Euro Trial Enlists Firms from Revolut to UniCredit

The ECB said 36 payment service providers—including Revolut Bank UAB, UniCredit SpA and Deutsche Bank AG—will participate in a digital euro trial. The announcement is incremental, but it signals progress toward a potential new central-bank payment rail in Europe.

Analysis

The ECB said 36 payment service providers—including Revolut Bank UAB, UniCredit SpA and Deutsche Bank AG—will participate in a digital euro trial. The announcement is incremental, but it signals progress toward a potential new central-bank payment rail in Europe.