The European Central Bank has selected COTI to assist in the development of digital euro technology

According to Bitcoin.com, the European Central Bank (ECB) has selected COTI, the Ethereum privacy layer protocol, as the digital euro pilot partner to jointly develop the CBDC technology solution launched in early 2026 with KPMG, Accenture and other institutions. COTI will use its original Garbled Circuits encryption protocol to build core privacy functions for the digital euro. Nearly 70 selected institutions need to complete the technical verification of the conditional payment system by 2026.
Shahaf Bar-Geffen, CEO of COTI, said that this is the second CBDC collaboration after the Israeli Digital Shekel project, focusing on how to embed privacy protection in the underlying architecture of the system. The European Central Bank will provide technical specification support for partners such as APIs, and the pilot results will be evaluated by the end of the year.