The European Central Bank has picked five partners - including CaixaBank and Amazon - to help it develop a digital euro prototype. CaixaBank will focus on producing a prototype for P2P online payments using the digital euro. Over the next few months, it will develop a mobile app that simulates the steps individuals will need to transfer digital euros to their account and/or transfer digital euros to other individuals.
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ECB taps CaixaBank and Amazon for digital euro prototypes
The ECB received 54 expressions of interest after it put out a call for partners in April and has now settled on the Spanish lender and US tech giant, alongside Worldline, Nexi and EPI.
