Bermuda partners with Circle and Coinbase to become world’s first fully onchain economy

Bermuda Aims to Make Digital Assets Part of Everyday Financial Infrastructure

Bermuda wants to be a fully on-chain national economy with help from stablecoin issuer Circle and cryptocurrency exchange Coinbase.

Bermuda Partners with Circle and Coinbase to Build World's First Fully Onchain National Economy

TLDR: Bermuda announces partnership with Circle and Coinbase at World Economic Forum in Davos, Switzerland. USDC stablecoins will replace expensive traditional payment rails for local merchants and businesses. Bermuda Digital Finance Forum 2025 distributed 100 USDC to attendees at participating local merchants. Government agencies will pilot stablecoin payments while institutions integrate tokenization tools.   The Government of Bermuda announc…

Bermuda Plots ‘Fully On-Chain National Economy’ With Help From Coinbase and Circle – Decrypt

In brief Bermuda will work with Coinbase and Circle to help bring its economy on-chain. The island nation will start with government stablecoin pilots and tokenization efforts. It aims to eventually provide the benefit of lower costs and greater global financial access to its businesses and residents. The island nation of Bermuda is hoping to...

Bermuda Partners With Coinbase and Circle to Build a Fully Onchain Economy

The government of Bermuda has collaborated with Coinbase and Circle to modernize its economy via Base and USDC.

Bermuda Joins Coinbase and Circle to Create a Fully On-Chain Economy

Introduction The Bermudian government is advancing a bold plan to anchor a fully on-chain national economy, leveraging digital asset infrastructure in partnership with Coinbase and Circle. Presented at the World Economic Forum in Davos, the initiative would deploy the USDC stablecoin and Coinbase’s Base network to reimagine public finance, payments, and citizen participation. The proposal extends Bermuda’s long-standing effort to attract crypto …