Financial institutions (FIs) in the Eastern Caribbean Currency Union(ECCU), are in support of the ECCB’s digital payment platform – DCash – as an avenue for propelling digital transformation and improving financial connectivity across the region. The ECCB became the first central bank to issue a Central Bank-backed Digital Currency (CBDC) for a currency union in March 2021 with the launch of the DCash Pilot. In a release the ECCB said …
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