According to the new report, Bermuda is advancing its onchain economy plan with a USDC airdrop for residents and broader merchant acceptance, expanding an initiative first announced with Circle and Coinbase at Davos.
Bermuda is moving forward with its onchain economy plan to bring stablecoins into everyday commerce by distributing USDC to residents and widening local merchant acceptance of digital payments. The initiative was first announced in January at Davos in partnership with Circle and Coinbase. A new USDC airdrop is scheduled for the upcoming Bermuda Digital Finance Forum, adding concrete implementation steps to Premier David Burt’s earlier outline of an economy focused on practical stablecoin use.