One country is moving its economy “fully on-chain” with USDC, but the data reveals a massive hidden catch
Bermuda needs to develop into the world’s first “totally on-chain nationwide economy.” The announcement, delivered collectively by the island’s authorities, Circle, and Coinbase on Jan. 19, frames the initiative as the deployment of digital asset infrastructure throughout authorities companies, native banks, insurers, small companies, and customers, with USDC positioned as the major cost rail. The…
