The European Central Bank (ECB) has added AI-powered payments to the scope of its digital euro pilot, which is set to launch in 2027. The ECB is seeking firms to explore the use of AI agents and machine-to-machine interactions in the pilot. This move comes as the ECB continues to develop its digital euro concept, which aims to provide a central bank-issued digital currency for European citizens.
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The inclusion of AI-powered transactions in the pilot is a significant development, as it could enable faster and more efficient payments processing. The ECB's digital euro project has been in the works since 2021, and the pilot is expected to provide valuable insights into the feasibility and functionality of the digital currency.
