4th Growth and Resilience Dialogue with Social Partners Presentation

D i g i t a l C u r r e n c y

Launch and Implementation

Beginning this year, the DXCD will be rolled out across the ECCU (6 mo. pilot then eventual full deployment). This technology will likely have impacts across a variety of areas

FRAUD REDUCTION

FINANCIAL INCLUSION

TECHNOLOGICAL EFFICIENCY

DXCD is supported by Distributed Ledger technology which adds a

DXCD will reduce the friction involved in the current payment ecosystem. Providing a payment alternative to existing slow payment instruments while also reducing the cost associated with transporting, storing, and securing traditional cash.

DXCD will facilitate cross-border transactions and allow for greater level of financial participation among the region’s unbanked population.

degree of traceability to all transactions conducted in

DXCDs. This will offer a means of reducing illicit financial activity (e.g. tax evasion, trafficking, laundering)