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In IT, Innovation and Startups

64 percent of adults want to use government-issued stabcoins

24th July 2021 Chris Kimble

64 percent of adults want to use government-issued stabcoins Pin It
Bank of England is responsible for monetary politics, including pound to dollar rates.

Would you use a Central Bank Digital Currency (CBDC)? Consumers around the world are increasingly open to the launch of digital currencies by central banks and governments. This is shown by a study by the deep tech company Guardtime.

In July 2021, they asked 902 adults aged 18 and over from ten different countries. They interviewed people from Germany, Singapore, South Africa, the United Arab Emirates, the UK, the US, France, Hong Kong, Sweden and Norway.

It was an online survey, so it had a sample that was supposed to represent the whole world. That’s why they chose people from the European, American, Eastern and Asian economies.

It turns out that 64% of adults would use a digital currency if it were to be launched by the central bank. 33% of them were even more certain: they would ‘most likely’ do so.

Only 10% of respondents said they would never use a central bank (CBDC) digital currency.

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