Trellon Charles is the Financial Markets Infrastructure (FMI) Analyst at the Central Bank of The Bahamas and is responsible for supporting financial market operations, overseeing enhancements, testing and troubleshooting of the Bank’s payment systems.

Central Bank of The Bahamas

CBDC and Instant Payment Interoperability: A Bahamas Perspective

An overview of the current operational and adoption status of the SandDollar, The Bahamas' Central Bank Digital Currency (CBDC), and the Bank's initiative to integrate the SandDollar with the upcoming national Instant Payment System (IPS). Discussion on the integration approach, key technical and operational requirements, implementation considerations, and the expected benefits of enabling seamless, real-time digital payments across the national payments ecosystem.