The Eastern Caribbean Central Bank’s digital currency pilot, D-Cash, is marking 2 years of improving financial inclusion and modernizing payment systems.
The Bank’s Governor, Timothy Antoine, reflecting on the 2-year journey, says it has been a challenging and rewarding one and commended all who have partnered with the ECCB along the way.
D-Cash, he says, is now in all 8 member countries.
Governor Antoine is expecting D-Cash, a homegrown digital currency, to become a household name in the sub-regional Currency Union.
He went on to note it’s not a crypto currency and highlighted that it’s a faster, safer and cheaper payment instrument.
It has been recognized globally as a pioneer and a model for retail Central Bank Digital Currencies.
With partnerships with licensed financial institutions and regional businesses and organizations, D-Cash continues to expand its reach, enhance platform features, and ensure regional impact.