Bermuda Teams Up With Partners to Build On-Chain Financial Infrastructure

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Source: Coindoo Original Title: Bermuda Teams Up With Coinbase and Circle to Build On-Chain Financial Infrastructure Original Link: Bermuda is moving to position itself as a pioneer of blockchain-native economic infrastructure after announcing a partnership with major crypto firms aimed at shifting core financial activity fully on-chain.

The initiative, unveiled during discussions at the World Economic Forum in Davos, brings together the island nation with a certain合规平台 and Circle in an effort to modernize payments, settlement, and financial services at a national level.

Key takeaways

  • Bermuda plans to build a fully on-chain economic framework, not just isolated crypto pilots.
  • Infrastructure providers will offer compliance support and market access.
  • USDC is expected to act as a core digital settlement asset.
  • The initiative highlights growing sovereign interest in blockchain-based financial systems.

Rather than experimenting with standalone blockchain use cases, the project aims to integrate distributed ledger technology directly into everyday economic activity.

Officials have framed the effort as an infrastructure upgrade, using on-chain systems to reduce friction, improve transparency, and increase efficiency across the financial stack.

Stablecoins and exchanges as economic infrastructure

Circle’s involvement points to a central role for USD Coin as a regulated digital dollar capable of supporting day-to-day transactions without the volatility typically associated with cryptocurrencies.

The exchange infrastructure partner is expected to contribute custody solutions and access to global liquidity, helping connect Bermuda’s on-chain economy with international markets.

By anchoring the initiative within an established regulatory framework, Bermuda is seeking to combine innovation with oversight rather than bypass existing safeguards. If the model proves effective, it could serve as a reference point for other small economies exploring how blockchain technology can function as national financial infrastructure rather than a parallel system.

The announcement reflects a broader shift in how governments and institutions are approaching blockchain—less as an experimental technology, and more as a foundation for real-world economic activity at scale.

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CryptoPunstervip
· 12h ago
Bermuda is planning to build on-chain financial infrastructure? Just listen to it. It's another "we want a revolution" story, which ultimately turns out to be a prelude to cutting leeks.
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GasGuruvip
· 12h ago
Bermuda is serious about this. They've directly brought in Coinbase and Circle, clearly aiming to make some waves in on-chain finance. However, how far this official collaboration can go remains to be seen...
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MEVHunterXvip
· 12h ago
Bermuda has aligned itself with Coinbase and Circle, this is the move to go all-in on on-chain finance.
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HappyMinerUnclevip
· 12h ago
Bermuda's move is impressive, directly leveraging the support of Coinbase and Circle, aiming to become the new hub of on-chain finance?
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