Accept and bill Carib$
Revolutionising Trade and Cross-Border Transfers in the Caribbean
Introducing Carib$, the complementary currency for the Caribbean.
Our Proof Of Concept
GATE.IO RESERVES
Carib$ Transfers in 2024
STEINS GATE EBB IO
Participating Countries
DELISTING JUNE GATE IO
Cash backed
GATEIO ADA DEPOSIT
Carib$ is a complementary currency, operating alongside Caribbean national currencies to bridge the region’s economies and create new markets for your business, making Carib$ a fast track towards CSME and a catalyst of the 25by2025 initiative.
Simple
Easy to use digital asset with a stable value
Secure
Complementary currency securely backed by stable collateral
Fair
Governed by consent of public and private stakeholders
Convertible
Exchange Carib$ for Caribbean currency at any time
Stable
Connected
Integrated with CariBizNet — an opportunity to build connections
How We Are Creating Our Application
We are building our application with you.
Transfers
SAFEMOON V2 GATE IO
Making transfers across the Caribbean has never been easier. Use the Carib$ Wallet Application for all your transfer needs.
Send and receive Carib$ at the tap of a button with the easy-to-use wallet application, accessible 24/7 on your computer or mobile device.
Rest assured that your Carib$ will maintain a stable value against familiar reference assets, like the Barbados Dollar, Eastern Caribbean Dollar, and Trinidad & Tobago Dollar. Stability is created by backing Carib$ with Caribbean currencies, bolstered by active and responsible governance.
Grow your business network in CariBizNet, a dynamic marketplace of Carib$ users — the tool for trade development.
Governance
By the Caribbean
Responsible and transparent governance is at the heart of Carib$ — ensuring a secure, stable, and growth-minded solution. Carib$ leverages the experience and expertise of public and private-sector stakeholders for its governance.
Essentially, it's the exchange rate between Carib$ and a Caribbean currency, like the Barbados dollar. The peg will be set to maximise value for Carib$ users.
Carib$ will initially have a collateral ratio of 100% to ensure the security and stability of the currency. Traditional currencies employ a range of collateral ratios, ranging from 0% (USD) to nearly 100% (BBD). The adjustment of the collateral ratio is possible in the future through users’ trust in the integrity of Carib$.
Carib$ will be backed initially by only the Barbados dollar (BBD), Eastern Caribbean dollar (XCD), & Trinidad and Tobago dollar (TTD). A dynamic mix of Caribbean commodities, securities, bonds and other assets may be introduced in the future — collateral that promotes stability and regional development.
Introduce new Carib$ products and features to enhance Caribbean trade development. Carib$ products may include trade finance tools, cash advances, term loans, purchase order finance, and receivables discounting, among others.
What’s New?
Stay Updated
People are talking about Carib$ — stay in the loop.
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Media
Contact Us
Have questions about Carib$? We would love to hear from you.