Overview
- Circle and Coinbase will deploy stablecoin payment rails, enterprise infrastructure, and tokenization tools across government, banks, insurers, merchants, and consumers.
- The program includes nationwide digital finance education to equip residents and businesses for secure wallet use and onchain services.
- Participation is voluntary under a non-exclusive framework that leaves room for additional technology providers.
- The initiative builds on Bermuda’s 2018 Digital Asset Business Act and early licensing of both firms under the island’s regulatory regime.
- Early trials saw local merchants accept USDC with lower fees, with a broader push and consumer stimulus slated for the May 11–14, 2026 Digital Finance Forum.