Bermuda Goes Bonkers: Island Dives Into Crypto Sea with Circle and Coinbase!

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Ah, Bermuda! Land of pink sands, rum swizzles, and now, apparently, the world’s first fully on-chain economy. Yes, you heard that right. The same place where planes vanish and socks go to die is now teaming up with Circle and Coinbase to turn itself into a crypto paradise. Who needs beaches when you can have blockchain, eh?

The announcement came at the World Economic Forum in Davos, where Bermuda’s officials strutted around like they’d just discovered fire. “Digital assets as everyday financial infrastructure!” they declared, as if the islanders were crying out for USDC instead of more sunscreen. Circle and Coinbase, ever the eager beavers, promised to sprinkle their crypto magic across the island, from local banks to Bob’s Fish Shack.

Coinbase CEO Brian Armstrong couldn’t contain his excitement, gushing, “Huge. An entire country is coming onchain, using USDC and Base. We are thrilled to help Bermuda swap its flip-flops for fintech!” Because nothing says “tropical paradise” like a nationwide digital finance education program.

Circle, meanwhile, claims this move will solve the island’s pesky problems with high merchant fees and limited banking access. “USDC will make payments faster, cheaper, and as breezy as a Bermuda afternoon,” said co-founder Jeremy Allaire, probably while sipping a piña colada. “Bermuda’s the pioneer here, showing the world how to blockchain responsibly. No scams, just sun and stablecoins!”

So, there you have it. Bermuda’s diving headfirst into the crypto sea, life jacket optional. Will it be a splash or a sink? Only time-and the blockchain-will tell.

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2026-01-20 22:41