Finally, the amount of 1,000 yen bills issued has also declined, and will banknotes really disappear due to the spread of cashless payments and the reduction in chest deposits?

2024.6.29 (Sat) Some excerpts

There is also an opinion in the street that if cashless payments become popular, banknotes will become unnecessary, and this will be the last banknote renewal. At the same time, the amount of banknotes issued has continued to decline for more than half a year, and this is the first time in about 70 years.
　In addition to being affected by the spread of cashless money, it seems that chest deposits are also shrinking. Will there really be no more paper money?