A new digital move came from the Bahamas, which made the world's first central bank digital currency available in recent months. The country has signed a giant deal with Mastercard for its CBDC, called 'sand dollar'.
Bahamian Sand Dollar, the world's first CBDC, will be converted to the country's local currency Bahamian dollar thanks to the prepaid card issued by Mastercard, and can be used in businesses where Mastercard is accepted.
What are your thoughts on this development?
Bahamian Sand Dollar, the world's first CBDC, will be converted to the country's local currency Bahamian dollar thanks to the prepaid card issued by Mastercard, and can be used in businesses where Mastercard is accepted.
What are your thoughts on this development?