Bermuda pushes stablecoin payments with USDC airdrop as it courts crypto firms, regulators
CoinDesk
Bermuda is advancing its onchain economy by integrating USDC stablecoin payments into everyday commerce with support from Circle and Coinbase.Summary
Bermuda is expanding its onchain economy initiative by facilitating USDC airdrops and onboarding local merchants to accept stablecoin payments. Premier David Burt aims to bypass traditional banking fees by building independent payment infrastructure. Collaborating with Circle and Coinbase, the government is working alongside regulators to create a framework that encourages responsible innovation for businesses and residents alike.
(Source：CoinDesk)