Regional tokenisation track · Caribbean

    Above the offshore rail.

    The Caribbean tokenisation track covers ECCB CBDC-adjacent work, the Bahamas DARE Act 2024, Cayman VASP, and Bermuda DABA. The substrate ships Q4 2026 with explicit attention to offshore custody, sovereign residency, and small-jurisdiction supervisor capacity.

    In development
    Q4 2026
    Regulator map
    ECCB — Eastern Caribbean Central Bank

    DCash successor work and wholesale settlement across the eight-member currency union.

    Central Bank of The Bahamas

    Sand Dollar production and DARE Act 2024 digital-asset framework.

    CIMA — Cayman Islands Monetary Authority

    Virtual Asset (Service Providers) Act, custody, and AML supervisory regime.

    BMA — Bermuda Monetary Authority

    Digital Asset Business Act, insurance-linked tokenisation, and ILS-segregated-account oversight.

    Cohort treatment in Caribbean
    Cohort A · Tokenised securities (Caribbean)

    Offshore fund tokenisation, ILS structures, and segregated-portfolio company instruments.

    Cohort B · Tokenised deposits (Caribbean)

    Bank-issued deposit instruments on offshore rails with CDB-aligned consumer-protection treatment.

    Build deltas against the generic global substrate
    Δ1
    Small-jurisdiction supervisor interface

    Regulator-facing window scaled for supervisors with limited tooling — same lineage, lower setup overhead.

    Δ2
    Offshore custody attestation

    Custody-segregation evidence, trustee attestation, and look-through characterisation across SPC and trust structures.

    Δ3
    CBDC-adjacent reconciliation

    Reconciliation against ECCB and Sand Dollar settlement primitives where institutions operate alongside the sovereign rail.

    What is withheld from this brief

    ORS weights, the effectiveness-grade rubric, Trust Gate definitions, the dependency-graph internals, and the institutional control library specifics for Caribbean. The category map is public; the full operating disclosure is released only under signed terms.

    Cabier sits above the rail. The rail settles; the institution governs.