Published by Global Banking & Finance Review®
Posted on September 26, 2025
1 min readLast updated: January 21, 2026
Add as preferred source on GoogleThe ECB will conduct new digital euro experiments in 2024 to enhance the euro zone's financial autonomy and explore the potential of automated payments.
FRANKFURT (Reuters) -The European Central Bank said on Friday it would conduct new experiments next year about what could be achieved through a digital euro, in a further step for a project it sees as key for preserving the euro zone's financial autonomy from the United States.
The ECB said this year's experiments with the private sector showed the digital euro - an electronic wallet backed by the central bank - could facilitate, for example, automated payments on public transport or certain reimbursements.
(Reporting By Francesco Canepa; Editing by Alison Williams)
The European Central Bank plans to conduct new experiments next year regarding the potential of a digital euro.
This year's experiments with the private sector indicated that the digital euro could facilitate automated payments, for instance, on public transport.
A digital euro is an electronic wallet backed by the central bank, aimed at modernizing payment systems in Europe.
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