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Wednesday, May 12, 2021

Eastern Carribean Central Bank Launches First Union-backed CBDC

Eastern Carribean Central Bank Launches First Union-backed CBDC

On Wednesday, the Eastern Carribean Central Bank (ECCB) officially launched DCash, its central bank digital currency (CBDC). DCash is a digital version of the Eastern Carribean dollar — which is the official currency for eight Carribean nations. The ECCB has partnered with fintech provider Bitt to oversee infrastructure and operation of the brand new digital currency.
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