ECCB announces digital currency pilot


The Eastern Caribbean dollar could be the world’s first central bank digital currency (CBDC) if the Eastern Caribbean Central Bank’s pilot goes to plan later this month, according to the institution’s governor.

The ECCB has teamed up with Barbadian financial technology firm Bitt to conduct a blockchain-based CBDC pilot within the Eastern Caribbean Currency Union (ECCU).

“This is not an academic exercise,” said governor Timothy Antoine on March 6. “Not only will the digital EC dollar be the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: