Mastercard and Island Pay launch Sand Dollar CBDC card

Mastercard is rolling out prepaid cards that can be loaded with the world's first central bank digital currency, the Bahamian Sand Dollar. Originally piloted in 2019, the Sand Dollar became the first fully- deployed digital version of a country’s fiat currency in October 2020. At that time, the Sand Dollar was exclusively accessed by registered users through a digital app provided by local payment service provider Island Pay at select merchants...
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