TheBahamas
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Day 11 – The First Country to Launch a CBDC Wasn’t the U.S. or China 👀
🌐💸 Crypto Fact of the Day
The first-ever Central Bank Digital Currency (CBDC) wasn’t launched by the U.S. or China…
It was The Bahamas, with its digital currency: the Sand Dollar 🇧🇸
Launched in October 2020, it became the world’s first fully operational CBDC.
It allows citizens to pay, receive, and store money on mobile apps, all backed by the country’s central bank.
Even the IMF recognised it as a milestone in global financial innovation.
#CryptoFacts #CBDC #DigitalCurrency #TheBahamas #CryptoHistory
🌐💸 Crypto Fact of the Day
The first-ever Central Bank Digital Currency (CBDC) wasn’t launched by the U.S. or China…
It was The Bahamas, with its digital currency: the Sand Dollar 🇧🇸
Launched in October 2020, it became the world’s first fully operational CBDC.
It allows citizens to pay, receive, and store money on mobile apps, all backed by the country’s central bank.
Even the IMF recognised it as a milestone in global financial innovation.
#CryptoFacts #CBDC #DigitalCurrency #TheBahamas #CryptoHistory
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