Group items tagged

[October 12, 2024] The National Bank of Slovakia (NBS) surveyed 1200 people, asking about people's awareness and willingness to use the digital euro. 34% of respondents have heard of the digital euro; 26% intend to use it. They found that the likelihood of its usage depends on trust in institutions such as the central bank, and preferences for cash payments, in addition to standard socio-economic factors. They also investigated whether respondent's answers are linked to political preferences and trust in the central bank. To quote: "liberals are more inclined to consider using the digital euro, while EU skeptics are significantly less likely to do so". The survey also reveals that privacy and transaction security are among the top concerns for potential users. The majority of respondents plan to allocate nearly 20% of their net monthly income to digital euro holdings.