A survey by Deutsche Bank found that only 16% of respondents believe CBDCs will become mainstream, indicating significant consumer skepticism towards these digital currencies.
Despite the rise of digital payments during the COVID-19 pandemic, a majority of consumers still prefer using cash or traditional debit and credit cards over CBDCs.
The survey highlighted privacy concerns, with 21% of U.S. participants perceiving general cryptocurrencies as providing better privacy than government-backed options, suggesting a lack of trust.
Analysts noted that while 59% of consumers see cash as always relevant, the pandemic has notably sped up the adoption of digital payment methods, especially among younger generations.
[
Collection
]
[
|
...
]