TLDR Tech / Crypto
Bermuda Expands USDC Airdrop
Bermuda's government is running a second USDC airdrop tied to the Bermuda Digital Finance Forum 2026, distributing up to $100 in USDC to residents who download a Coinbase-supplied wallet and spend at participating local merchants. The program, first unveiled at Davos in January with Circle and Coinbase as infrastructure partners, targets payment rails outside traditional card networks and banking systems. Premier David Burt is expanding the initiative's scope for the May forum, broadening business participation and deepening financial services engagement as part of what the government calls an "onchain economy" buildout. Bermuda is positioning itself as the first fully onchain national economy, using direct consumer stimulus as the mechanism to drive merchant adoption and accumulate stablecoin liquidity at the local level.
Read the full story