Overview
- Announced at the World Economic Forum, the public‑private program will equip government offices, banks, insurers, businesses and consumers with stablecoin payments, tokenization tools and enterprise infrastructure.
- Government agencies will begin piloting USDC transactions as selected merchants continue accepting the stablecoin, while financial institutions integrate tokenization for settlement and services.
- The initiative is voluntary and non‑exclusive, allowing residents, businesses and the government to adopt on their own timelines and to work with additional partners or technologies.
- The rollout builds on Bermuda’s 2018 Digital Asset Business Act and a 2025 test that airdropped 100 USDC to forum attendees to spur local merchant acceptance.
- Broader pilots and a larger consumer stimulus are planned for the Bermuda Digital Finance Forum on May 11–14, 2026, with full nationwide implementation timelines still unspecified.