Survey of potential users of the digital euro: New evidence from Slovakia
Andrej Cupak (),
Pavel Gertler (),
Daniel Hajdiak (),
Ján Klacso and
Stefan Rychtarik ()
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Andrej Cupak: National Bank of Slovakia
Pavel Gertler: National Bank of Slovakia
Daniel Hajdiak: National Bank of Slovakia
Stefan Rychtarik: National Bank of Slovakia
No OP 2/2024, Working and Discussion Papers from Research Department, National Bank of Slovakia
Abstract:
This paper presents the findings from a novel survey examining awareness and interest in the future usage of the digital euro in Slovakia. Approximately 34% of the respondents have already heard or read about the digital euro. Around 26% express an intention to use this new digital currency. The likelihood of its usage depends on political preferences, trust in institutions such as the central bank, and preferences for cash payments, in addition to standard socio-economic factors. 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. These insights may provide valuable guidance for shaping the operational framework of the digital euro and informing future communication strategy.
JEL-codes: D14 E42 E51 E52 (search for similar items in EconPapers)
Pages: 46 pages
Date: 2024-10
New Economics Papers: this item is included in nep-ban, nep-cba, nep-fdg, nep-mon, nep-pay and nep-tra
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Persistent link: https://EconPapers.repec.org/RePEc:svk:wpaper:1111
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