The European Central Bank has selected two groups to provide connectivity between participating institutions and the digital euro platform. The first, comprising Nexi Payments and Deutsche Telekom Business Solutions, began work on September 28, while the second, involving Telefónica businesses and Indra, is scheduled to start in May 2027. Both provider groups are expected to be ready in 2029 to support a potential issuance, subject to an ECB decision. A limited operational pilot is planned for 12 months from the second half of 2027 to test technical, operational and user readiness without pre-empting a public launch decision or the legislative process.
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