Browse categories
Agriculture Biodiversity Brussels Mission Business Climate Change Communiqué DCRM Disaster Risk Management ECCAA ECCB ECLS ECSC ECTEL Early Learners Programme Economic Development Education Energy Geneva Mission Health International Relations Legal Services Migration Morocco Mission OECS Feature Series OECS Yes in Action Ocean Governance and Fisheries Procurement Regional Integration Social Development Sports Statistics Tourism Trade Youth
ECCB Governor Announces DCash Public Launch

ECCB Governor Announces DCash Public Launch

Media Release Courtesy the Eastern Caribbean Central Bank

Friday, March 19, 2021 — Basseterre, St Kitts and Nevis - The Governor of the Eastern Caribbean Central Bank (ECCB), Timothy N. J. Antoine says the public roll-out of DCash, the ECCB’s digital currency will commence on 31 March.

In his official announcement, Governor Antoine emphasises that DCash is safer, faster and cheaper and encourages all to get on board.  “The future of the EC Dollar is digital, so let’s make history together.”

DCash is a securely minted digital version of the Eastern Caribbean dollar issued by the ECCB. It is an innovative, real-time payment option available within the Eastern Caribbean Currency Union (ECCU) and offers a safer, faster, cheaper method for making payments and sending/receiving funds to and from other DCash users and merchants.  Consumers can access DCash via the official App, the DCash Wallet, and conduct financial transactions using their smart devices. DCash can be obtained from participating commercial banks, credit unions or other authorised institutions.

The ECCB has partnered with Bitt Inc to develop the digital EC currency. Speaking on the announcement, CEO of Bitt, Brian Popelka, said,

“Bitt is very proud to provide the ECCB with our full stack of digital currency management systems to enhance the financial services within their member countries. The past two years of this partnership have developed from intense consultations between the Bitt team and the ECCB to our team supporting the ECCB.”

Consumers can sign up to use DCash either through a participating financial institution or via an authorised DCash agent. The ECCB will roll out DCash initially in Antigua and Barbuda, Grenada, Saint Christopher (St Kitts) and Nevis and Saint Lucia as part of the ECCB’s Digital Currency Pilot. The DCash pilot aims to create greater financial inclusion in the ECCU as well as increase economic growth and business opportunities. 

For more information about the DCash Pilot, visit: https://eccb-centralbank.org/p/frequently-asked-questions, or search for DCashEC on social media.

 

RSVP for DCash Day here: https://fb.me/e/hHIxIXOqy

  

About the Eastern Caribbean Central Bank:

The Eastern Caribbean Central Bank (ECCB) was established in October 1983. The ECCB is the Monetary Authority for Anguilla, Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, Saint Christopher (St Kitts) and Nevis, Saint Lucia and Saint Vincent and the Grenadines.

ECCB Business Economic Development Social Development
Contact us
Shermalon Kirby Acting Director, Corporate Relations Department, Eastern Caribbean Central Bank
OECS Communications Unit Organisation of Eastern Caribbean States
Shermalon Kirby Acting Director, Corporate Relations Department, Eastern Caribbean Central Bank
OECS Communications Unit Organisation of Eastern Caribbean States
About The Organisation of Eastern Caribbean States

Back to www.oecs.int

The Organisation of Eastern Caribbean States (OECS) is an International Organisation dedicated to economic harmonisation and integration, protection of human and legal rights, and the encouragement of good governance among independent and non-independent countries in the Eastern Caribbean. The OECS came into being on June 18th 1981, when seven Eastern Caribbean countries signed a treaty agreeing to cooperate with each other while promoting unity and solidarity among its Members. The Treaty became known as the Treaty of Basseterre, so named in honour of the capital city of St. Kitts and Nevis where it was signed. The OECS today, currently has eleven members, spread across the Eastern Caribbean comprising Antigua and Barbuda, Commonwealth of Dominica, Grenada, Montserrat, St. Kitts and Nevis, Saint Lucia, St Vincent and The Grenadines, British Virgin Islands, Anguilla, Martinique and Guadeloupe. 

The Organisation of Eastern Caribbean States
Morne Fortune
Castries
Saint Lucia