The Exeter Pound project has signed up its biggest business so far - the Exeter Chiefs rugby club.
They'll be accepting the currency and using it to pay their local suppliers, putting large amounts of it into circulation.
The club had a turnover of 12 million pounds last year - and their involvement is expected to draw in more traders.
Majority of Devon MPs back assisted dying bill
Just three of Devon's 13 MPs voted against the bill
Crime panel member calls for commissioner to resign
It's in the wake of the suspension of acting Chief Constable Jim Colwell
City footballers take time out to spread some festive cheer
Exeter stars bring joy to children in hospital
Calls for more control over spending
Many projects coming in over budget
Election cycle change thrown out in Plymouth
Annual elections will still be held in the city
Exeter man sentenced for sexually assaulting young girl
Woody Spencer jailed for 25 years
