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Bermuda launches blockchain-powered national economy with USDC airdrop and digital government payments

Market News
27 May 2026
Blockonomi
View Source
Bullish
pluang ai news

Bermuda is pioneering a fully blockchain-based national economy through partnerships with Circle, Coinbase, and Stellar. The Bermuda Monetary Authority distributed $100 in USDC stablecoins to citizens in a pilot program, enabling real-world crypto transactions. The government will start accepting digital currency for services, beginning with the motor vehicle department, while developing the Bermuda Digital Dollar stablecoin on Stellar's blockchain. Legal reforms are underway to support smart contracts and blockchain assets, aiming to reduce transaction costs and modernize the economy.

More News (XLM)

SEC proposal may reduce XRP, HBAR & XLM's unique US regulatory advantage

SEC proposal may reduce XRP, HBAR & XLM's unique US regulatory advantage

A forthcoming SEC proposal could change the regulatory landscape for cryptocurrencies like XRP, Hedera's HBAR, and Stellar's XLM by introducing a formal process for crypto projects to seek non-security status. This would broaden the group of tokens w...

Market News
Bearish
11 hours ago
Stellar doubles tokenized real-world assets to $3B and hits $11.4B stablecoin transfers in Q2 2026

Stellar doubles tokenized real-world assets to $3B and hits $11.4B stablecoin transfers in Q2 2026

In Q2 2026, Stellar's network doubled its tokenized real-world assets to $3.05 billion, growing four times faster than the market average, driven by Protocol 26 upgrade. Stablecoin transfers reached a record $11.4 billion, with 4.9 million daily tran...

Protocol Fundamentals
Bullish
1 day ago
FC Barcelona's Barça Mobile launches Stellar-powered in-app wallet for global payments and rewards

FC Barcelona's Barça Mobile launches Stellar-powered in-app wallet for global payments and rewards

FC Barcelona's telecom service, Barça Mobile, has introduced an in-app digital wallet powered by the Stellar blockchain, in partnership with Wirex and Crossmint. This wallet supports faster, cheaper cross-border payments and rewards within the app, w...

Protocol Fundamentals
Bullish
2 days ago
Wall Street may be pushing retail investors into overheated AI stocks while quietly buying undervalued crypto assets.

Wall Street may be pushing retail investors into overheated AI stocks while quietly buying undervalued crypto assets.

Levi Rietveld claims major financial firms are steering retail investors toward overvalued AI stocks amid rising interest rate concerns, while accumulating undervalued digital assets like XRP, Bitcoin, and others. He highlights technical signals sugg...

Market News
Neutral
3 days ago
MoneyGram launches crypto-to-cash service on Solana, expanding global cash network access for digital assets.

MoneyGram launches crypto-to-cash service on Solana, expanding global cash network access for digital assets.

MoneyGram has extended its MoneyGram Ramps service to the Solana blockchain, enabling wallets, exchanges, and developers on Solana to convert between cash and digital assets using MoneyGram's global network. This service supports cash deposits in ove...

Protocol Fundamentals
Bullish
3 days ago
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