Deutsche Bank Survey: Consumers Prefer Debit or Credit Cards Over CBDC

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September 18, 2024
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PANews reports that, according to Coindesk, Deutsche Bank conducted a survey of 4,850 consumers in Europe, the UK and the US in March. The survey revealed that while 94% of central banks globally are exploring the use of these cryptocurrencies, consumers are still reluctant to use central bank digital currencies (CBDCs). They prefer using debit or credit cards instead. Only 16% of respondents believe CBDCs will become mainstream, and 31% said they would prefer a central bank-backed cryptocurrency to a private version. 31% said they would prefer to use a cryptocurrency managed by a central bank or government, while only 21% said they would opt for a private cryptocurrency like Bitcoin.

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