2026-01-20 02:29:52

Bermuda announced an ambitious collaboration plan during this year's Davos Forum. In partnership with a well-known compliance platform and a stablecoin issuer, this Caribbean nation is preparing to launch a nationwide on-chain economic pilot project based on a mainstream stablecoin and L2 networks like Base.

The plan is divided into several phases. The first is a stablecoin payment pilot in the public service sector, enabling residents and businesses to complete daily transactions with digital currency; followed by the promotion of tokenization tools for financial institutions to help banks and financial service providers quickly enter on-chain business; and finally, digital literacy education to ensure that everyone can understand and participate in this transformation.

Local officials stated that this is not just a technological experiment. They see it as a long-term effort to improve efficiency and explore financial inclusion—using blockchain and stablecoins to enable more people and institutions to access more convenient and cost-effective financial services.

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SudoRm-RfWallet/

· 11h ago

Bermuda's move is quite interesting, but whether it can really be implemented is another matter altogether. What kind of tricks can be played on Base? It still depends on the adoption rate. The stablecoin payment pilot sounds good, but I'm worried it will be abandoned halfway. It's about financial inclusion again; every time they say that, but what actually happens in the end? Can digital literacy really be popularized this time? I'm a bit skeptical. Such a small country making big moves, there must be capital behind it pushing forward. Let's wait and see the actual progress, don't just listen to the official side.

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TokenStorm

· 12h ago

On-chain data hasn't responded yet, the official hype has already taken off, I've seen plenty of tricks like this Is the Base ecosystem about to take off again? I suspect this is the next harvest scene The move in Bermuda is interesting, but the miner fees paid with stablecoins could bankrupt them Public service pilot sounds great, but the actual implementation risk is extremely high Financial inclusion? Basically, they want to grab the business of central bank digital currencies. Bold move If this move succeeds, the on-chain economic model will need to be redefined, but I bet this will become the next FTX-style textbook cautionary tale

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TokenTherapist

· 12h ago

Bermuda's move is really ruthless, directly treating the entire island nation as a testing ground... But on the other hand, is it feasible to expand stablecoin payments?

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