Do perceived risks and benefits impact trust and willingness to adopt CBDCs?
Abstract Central Bank Digital Currency (CBDC), as a FinTech initiative, has the potential to
enhance financial inclusion, increase the speed and efficiency of financial transactions, and
reduce the costs associated with traditional payment systems. This study investigates how
risks and benefits impact trust and the digital rupee (or CBDC) adoption in India. We use six
perceived risk factors and four perceived benefits factors. The willingness to adopt the digital
rupee can be significantly predicted by all the constructs except perceived usefulness. The …
enhance financial inclusion, increase the speed and efficiency of financial transactions, and
reduce the costs associated with traditional payment systems. This study investigates how
risks and benefits impact trust and the digital rupee (or CBDC) adoption in India. We use six
perceived risk factors and four perceived benefits factors. The willingness to adopt the digital
rupee can be significantly predicted by all the constructs except perceived usefulness. The …