The digitization payment systems brings us new modes of payments, and the European Central Bank is considering the introduction of the digital euro to increase competitiveness and promptly respond to a significant decreases in the use of cash. Yet, the digital euro would not be a substitute for cash, but a complement to it. In order to respond to the various challenges posed by the introduction of a new money format, the ECB must carefully consider potential solutions. Therefore, the possibility of centralized and decentralized infrastructure and online and offline use is being considered. The digital euro should be designed in such a way to be a reliable, fast and secure means of payment, without additional costs for use. At the same time, has to offset potential negative implications for the banking sector and the financial stability of the euro area. The main advantage of the digital euro is the encouragement of digitalisation and availability in adverse circumstances, while drawbacks relate to the fact that this new money format lacks full transaction privacy whilst being subject to stringent central bank control. Europeans have a positive attitude toward the introduction of the digital euro, but are also aware of its shortcomings.