Bermuda is building the world’s first onchain national economy, and Circle is helping wire it up
Bermuda is pioneering the world's first onchain national economy with the help of Circle and Coinbase. The government plans to use USDC as the primary currency for daily transactions among residents. Recent announcements include a second USDC airdrop and increased merchant acceptance across the island.
- ▪Bermuda aims to run its entire economy onchain, a first for any nation.
- ▪Premier David Burt is collaborating with Circle to implement USDC as the backbone of payments.
- ▪The initiative was first announced at the World Economic Forum in Davos in January 2026.
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Bermuda is building the world’s first onchain national economy, and Circle is helping wire it up Premier David Burt's government is partnering with Circle and Coinbase to make USDC the backbone of everyday payments for all Bermudians. Share Add us on Google by Editorial Team May. 21, 2026 (function () { var s = document.currentScript; var wrapper = s && s.closest ? s.closest('.cb-sevioads-inarticle') : null; var inMobile = wrapper && wrapper.closest('#mobile-articles'); var inDesktop = wrapper && wrapper.closest('#desktop-articles'); if (inMobile || inDesktop) { var isDesktopVp = window.matchMedia('(min-width: 768px)').matches; var matches = (inMobile && !isDesktopVp) || (inDesktop && isDesktopVp); if (!matches) { var sevioDiv = wrapper.querySelector('.sevioads'); if (sevioDiv)…
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