Digital currencies are currencies that exist only in digital form, they have no physical properties, so they can only be used electronically. The aim of this research was to determine whether the development of digital currencies depends on the pandemic caused by the coronavirus. It is known that cryptocurrencies are prone to market manipulations, influenced by the media and social networks. The pandemic is therefore only one of a number of factors that have had an impact on the growth and development of digital currencies. The period of the pandemic certainly had an impact on the general development of awareness of digital currencies, mostly due to the fear caused by the economic crisis created as a result of COVID-19 and the search for alternative forms of investment. A large number of investors decided to invest their money in growing cryptocurrencies, due to the feeling of apparent security provided by the decentralized system of cryptocurrencies, but also because of the growing trend that allowed many to multiply the value of the invested funds. During the pandemic, many switched to contactless payments to avoid contact with physical money and prevent further spread of the infection. Also, the pandemic greatly contributed to the development of CBDC (Central Bank Digital Currency), due to the replacement of physical currencies with digital ones, thereby reducing physical contact and the spread of infection, but also due to the possibility of much faster transactions of financial resources when necessary. The digital euro is in an experimental phase, and numerous other countries have joined the development of their digital currencies.