Bermuda aims to build a fully on-chain economy, with Circle leading the development of digital financial infrastructure

RumbleValidator · 2026-01-20T01:30:10+00:00

The Bermuda government plans to migrate the entire economy to blockchain, with Circle collaborating with compliance platforms to provide digital asset infrastructure and tools for local banks, businesses, and consumers. At the same time, nationwide digital financial education and technical training will be implemented. This is an exploration of the traditional financial system embracing Web3.

RumbleValidator

2026-01-20 01:30:10

Abstract generation in progress

【Blockchain Rhythm】The Bermuda government is making a major move—aiming to move the entire national economy onto the blockchain.

Circle is taking the lead this time, partnering with a leading compliant platform to provide digital asset infrastructure and enterprise-level tools to the Bermuda government, local banks, insurance companies, small and medium-sized enterprises, and consumers. In simple terms, connecting traditional financial institutions and small merchants into the on-chain ecosystem.

Supporting this effort are nationwide digital financial education and technical training programs. From top-level infrastructure to grassroots user education, this comprehensive approach makes Bermuda a relatively complete national-level blockchain economy experiment. Although it sounds ambitious, from the perspective of developed countries, this move also reflects a certain degree of traditional financial systems contemplating how to embrace Web3.

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metaverse_hermit

· 18h ago

Bermuda's move is quite aggressive, bringing the entire national economy onto the blockchain. Circle has stepped forward to lead, this is a serious signal.

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ShamedApeSeller

· 18h ago

Bermuda's move this time is really brilliant, the whole country going on-chain... But to be honest, the key is whether it can truly be implemented, and not just end up being empty talk in the end.

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DecentralizedElder

· 18h ago

Bermuda's recent move is quite aggressive, as the entire national economy is going on-chain, and traditional finance will also have to compete in Web3.

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FrontRunFighter

· 18h ago

ngl this whole "on-chain economy" narrative feels like theater... bermuda's basically becoming a testnet for circle's extraction game. where's the transparency on how they're handling mev? nobody talks about the sandwich attacks waiting in the dark forest once you move real commerce onto mainnet lol

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