1 week ago
Bermuda Taps Stellar Network to Build the World’s First Fully Onchain National Economy
FintechBermuda BlockchainBlockchain Financecrypto adoptionDigital AssetsOnchain Economystablecoin paymentsStellar Development FoundationStellar Network
TLDR: Bermuda will become the world’s first fully onchain national economy using the Stellar blockchain network. Local merchants pay up to 10% in card fees; onchain payments aim to cut those costs significantly. Residents will receive wages, pay merchants, and settle government fees through Stellar digital wallets. Stellar previously powered the Marshall Islands’ first nationwide [...]
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