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

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.

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