Most people would not switch to digital euros – ECB research
Consumers would only allocate a small portion of €10,000 if given the choice, paper says
Most consumers would not take up the digital euro if they were given the choice, new research from the European Central Bank finds.
The paper, published on March 11, explores how the introduction of the central bank digital currency would affect consumer choices, including on payment habits and savings.
The researchers – Dimitris Georgarakos, Geoff Kenny, Luc Laeven and Justus Meyer – split their sample into two groups: one that was shown a 93-second video explaining the CBDC project, and one that
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