CaribCoin, the company pioneering a complementary currency designed to facilitate seamless transfers and economic integration within the Caribbean is reporting strides in 2024 saying the foundation has been laid for its successful implementation in 2025.
The update was provided by founder, Dr. Jan Xchröder during the first International ICT Forecast Industry Watch meeting organised by the Caribbean Telecommunications Union.
Carib dollar is designed to facilitate near-instant, low-cost cross-border transfers within the Caribbean, eliminating the need for reliance on the US dollar.