🎯 BERMUDA WANTS TO BECOME THE FIRST COMPLETELY "ON-CHAIN" ECONOMY 🎯
News from Davos: the government of Bermuda has announced a strategic partnership with Coinbase and Circle to build the world's first completely on-chain economy.
The goal is clear but ambitious: to digitalize the entire economic ecosystem of the island, from transactions to consumption, using stablecoins like USDC and transparent, regulated blockchain infrastructures.
This project represents a historic step towards the integration between traditional finance and decentralized finance (DeFi).
Bermuda, already known for its crypto-friendly regulatory approach, aims to become a global laboratory where citizens, businesses, and institutions operate entirely on the blockchain, without relying on traditional banking circuits.
The partnership with Coinbase will ensure the access and custody infrastructure, while Circle will provide the stable digital monetary base compliant with international standards.
If the model succeeds, it could pave the way for other nations ready to experiment with a fully tokenized economy, with benefits in terms of efficiency, transparency, and financial inclusion.
#breakingnews #Circle #USDC #coinbase #Bermuda