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Caricom Bloc Advances Pilot to Reduce Dollar Dependence

The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform to reduce their reliance on the U.S. dollar. A pilot has already managed to complete a cross-bor...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Caricom Bloc Advances Pilot to Reduce Dollar Dependence
The governors of the Central Banks of Caricom agreed to advance a local currency-based, instant settlement payment platform to reduce their reliance on the U.S. dollar. A pilot has already managed to complete a cross-border transaction between the Bahamas and Barbados. Caricom Pilots Payment Platform to Reduce Dollar Usage The instability of the U.S. trade […]

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