Bermuda is collaborating with Coinbase and Circle to establish a "fully onchain" economy. According to reports, the initiative seeks to pilot stablecoin payments within government agencies. The collaboration also aims to broaden the adoption of USDC among businesses operating locally. The development signals a move towards integrating blockchain technology and digital currencies into Bermuda's financial infrastructure.

Bermuda is collaborating with Coinbase and Circle to establish a "fully onchain" economy. According to reports, the initiative seeks to pilot stablecoin payments within government agencies. The collaboration also aims to broaden the adoption of USDC among businesses operating locally. The development signals a move towards integrating blockchain technology and digital currencies into Bermuda's financial infrastructure.