A survey by GlobalData has shown that retail adoption of central bank digital currencies (CBDCs) is hindered by issues of interoperability, privacy, and infrastructure. The research found that CBDCs often fail to offer enough incentives for consumers to switch from their familiar payment methods, and users have complained that the new systems are more complicated without providing sufficient benefits. The report also highlights the importance of widespread adoption for central banks to achieve the desired benefits of CBDCs, such as improved cross-border payment efficiencies and financial inclusion. Currently, 134 countries are exploring CBDCs, with over 65 nations at advanced stages of development or implementation.



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