Moeda Social Inês
Social currency of Dona Inês, a small town in Paraíba, Brazil, issued at par with the real by the Banco Solidário de Dona Inês, the state's first community bank with its own currency. Launched in November 2025 under the town's 2025-2034 solidarity-economy plan, it circulates as paper notes and a benefit card. Municipal food-security and adult-education programs pay benefits in Inês that recipients spend at registered local merchants.
Paraíba's first community bank with its own currency: a Palmas-lineage paper-and-card social currency nine months old, already carrying two municipal benefit programs and a ten-year plan behind it. Too young and too small for a higher score yet; the 2.1 sits below Mumbuca (2.2) on track record, not on design.
M69 Score
Scored against the Money2069 Manifesto — see methodology. Higher = more aligned.
Detailed Rating Breakdown
Issuance Model3x3.0
Debt-free issuance against municipal program budgets (IM-02 high), with merchant redemption providing contraction (IM-05 mid). Single issuer under the municipal solidarity-economy system (IM-01 low) and issuance tracks social-policy allocations rather than economic output (IM-03 low).
Spending Power Stability2x2.0
Parity with the real is declared and program-backed, but the currency is nine months old: no meaningful track record (SPS-04 band 3 at best), no documented stability mechanism beyond budget backing (SPS-01 low), and the benchmark is a moderate-inflation fiat.
Fiat Independence & Interoperability2x1.0
A local expression of the real: fiat unit of account, fiat-funded issuance, redemption in reais. The paper format removes payment-rail dependence but not fiat dependence.
Traction2x2.0
Live and growing but tiny and young: launched November 2025, about 16 credentialed merchants concentrated in the town center and rural districts (TR-04 band 2), users under a thousand (TR-03 band 1). Two municipal programs already pay in it, payment reports run monthly through June 2026 (TR-01 top band), and the state press and a copycat project in São Cristóvão give it early external recognition (TR-08 mid).
Sovereignty1.0
A municipal program: the city council that created it by law can end it the same way, and the community bank operates inside the municipal administration.
Governance2.0
Co-managed with the Central das Associações Comunitárias under a published ten-year municipal solidarity-economy plan, which is more participatory structure than most municipal currencies; final control still rests with the prefecture.
Resilience2.0
Untested: no crisis, no administration change, funding tied to annual municipal budgets. The paper format is a genuine plus for simplicity and offline operation (RE-04, RE-08 above band), and the Palmas-lineage community-bank model has decades of precedent behind it.
Inclusivity3.0
Aimed squarely at food-insecure families and adult-education students, at zero cost, in a town with thin banking coverage (IN-03 top band). Paper notes spend pseudonymously, though benefit enrollment requires the municipal registry; circulation is restricted to the municipality by design.