BERMUDA PARTNERS WITH COINBASE AND CIRCLE TO BUILD ONCHAIN ECONOMY

Summary from the TLDR Crypto newsletter

Bermuda is partnering with Coinbase and Circle to pilot stablecoin payments across government agencies, accelerate USDC adoption among merchants and banks, and support tokenization and onchain tooling for local financial institutions while running nationwide digital-finance education and onboarding. The effort was unveiled at Davos and described as aspirational and non-exclusive. It builds on prior onchain pilots (including a USDC airdrop) and coincides with Coinbase's new Custom Stablecoins product, aiming to lower costs, speed settlement, and make dollar-denominated digital payments a practical part of everyday commerce on the island.