A recent survey by the Deutsche Bundesbank revealed that most Germans are unaware of the digital euro, with many mistaking it for a cryptocurrency.
Of the 2,012 people surveyed, half could envision using the digital euro, while a quarter were opposed to it.
Three out of five respondents had no prior knowledge of the digital euro, and only 17% correctly identified it as central bank-issued digital money.
Privacy was the top concern for potential users, who also valued European infrastructure and offline payment capabilities.
The digital euro is still in its preparatory phase, with initial usage anticipated by 2028.