Bermuda partners with Circle and Coinbase to become world’s first fully onchain economy
Summary
The Government of Bermuda has announced a major initiative to transform into the world’s first fully onchain national economy, collaborating with Circle and Coinbase. This partnership will deploy stablecoin payment tools and enterprise-grade blockchain infrastructure across the government, banks, merchants, and consumers. Building on existing regulatory leadership, the plan includes nationwide digital finance education and onboarding programs. Premier David Burt emphasized that the goal is to create opportunity and lower costs for Bermudians. The initiative follows early pilots where merchants began accepting USDC, and it will expand further at the 2026 Digital Finance Forum with broader adoption and government stablecoin payment pilots.
(Source:Crypto Briefing)