Bermuda unveils USDC pilot with Coinbase and Circle to build fully on-chain national economy

At the World Economic Forum Annual Meeting in Davos on January 19, 2026, Bermuda outlined a plan with Coinbase and Circle to develop what it calls a fully on-chain national economy using USDC and Base. The initiative includes piloting stablecoin payments across government, financial institutions, and merchants, backed by digital literacy programs and earlier USDC airdrop experiments to encourage local adoption.