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Bermuda bets on a fully on-chain economy with Coinbase and Circle

1 min read
Source: The Block
Bermuda bets on a fully on-chain economy with Coinbase and Circle
Photo: The Block
TL;DR

Bermuda unveiled a plan, announced at Davos, to transform the island into a fully onchain economy by partnering with Coinbase and Circle to deploy digital asset infrastructure across government, banks, businesses, and consumers. The initiative centers on piloting stablecoin payments (USDC), expanding USDC adoption, and supporting tokenization and digital finance education, with a non-exclusive approach that could attract additional technology partners while lowering costs and broadening access to global finance.

Topics:businesspolicy#bermuda#circle#coinbase#onchain-economy#policy#usdc
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  1. Bermuda teams up with Coinbase and Circle, aiming to build a 'fully onchain' economy  The Block
  2. “Don’t Rush It”: Crypto Advice From Bermuda’s Premier  Forbes
  3. Coinbase: Bermuda is building the world's first fully onchain national economy, with support from Coinbase and Circle - post on X  marketscreener.com
  4. ‘Small but mighty’: Burt showcases island innovation  The Royal Gazette
  5. Circle (CRCL) Stock: Bermuda Partners With Coinbase to Take National Finance Onchain  CoinCentral

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