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Bermuda is making waves in crypto adoption with an ambitious move: partnering with major platforms to create what they're calling the world's first fully onchain national economy. The collaboration zeroes in on stablecoin payments and broader USDC integration as the backbone.
The vision? Taking a entire nation's economy directly onto the blockchain. Instead of traditional payment rails, residents and businesses could conduct transactions using stablecoins natively. This isn't just theoretical—they're actively piloting these payment systems now.
It's a bold experiment in how governments and Web3 can collaborate. Whether it clicks or faces friction remains to be seen, but the message is clear: some jurisdictions aren't waiting around to explore onchain finance at scale. Bermuda's betting that stablecoin infrastructure could reshape how money actually moves.