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Journal of Central Banking Law and Institutions
Article . 2025 . Peer-reviewed
License: CC BY NC SA
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CBDC ADOPTION: ALIGNING MODEL TECHNOSTRESS INHIBITORS AND PERCEIVED VALUE AMONG INDONESIAN GENERATION Z

Authors: Ahmad Febriyanto; Niniek Adenia; Isfiya Annabila; Rizaldi Yusfiarto;

CBDC ADOPTION: ALIGNING MODEL TECHNOSTRESS INHIBITORS AND PERCEIVED VALUE AMONG INDONESIAN GENERATION Z

Abstract

In this era, all central banks are trying to respond to the increase in Cryptocurrency transactions by establishing a legitimate digital currency service called Central Bank Digital Currency (CBDC). The success of the CBDC program will be closely related to public interest in adopting CBDC. Hence, this study intends to explore the determinants that affect Generation Z. This research involved 239 Generation Z in Indonesia. All data were explored using using Structural Equation Modelling Partial Least Square (SEM-PLS). The result of the test shows that the main determinants driving Generation Z's interest in adopting CBDC are perceived value (epistemic value, monetary value, and convenience value) and general trust. technostress inhibitors (facilitation of literacy and engagement facilitation) had a tendency to influence Generation Z's trust. General trust in this study also shows a partial moderation effect in the relationship between perceived value and intention to use CBDC and a full moderation effect on relationship between technostress inhibitors and intention to use CBDC. The findings of this study can provide advice to Bank Indonesia capable to focus on increasing the usefulness value of CBDC related to monetary value and the value of ease of use the of CBDC to maintain public trust and increase public interest. In addition, increasing literacy and involvement facilitation in increasing public trust.

Keywords

central bank digital currency, HG1501-3550, behavioral intention, z generation, Banking

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
3
Top 10%
Average
Average
gold