Bermuda onchain economy plans are taking shape as the island works with Coinbase and Circle to bring stablecoin payments and digital finance into everyday use. 

The government says pilots will start inside public agencies before expanding to local businesses, banks, and insurers. 
Officials argue high banking fees and slow payment rails hurt small island economies, and that dollar-based stablecoins like USDC could lower costs and improve access to global finance – without forcing residents to adopt the technology.

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