STELLAR IS POWERING BERMUDA'S ONCHAIN ECONOMY
The Government of Bermuda and Stellar Blockchain () announce a landmark transition to move the island’s entire financial infrastructure onto the blockchain.
Residents will now utilize -powered wallets to receive wages, pay local merchants, and settle government fees with near-instant finality.
This national-scale deployment targets legacy payment inefficiencies, aiming to eliminate merchant processing fees that currently reach up to 10% for local businesses.
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