The Bermuda government is building a digital payment system based on the Stellar Network (XLM), according to the Stellar Development Foundation (SDF). Previously, after the Bermuda government unveiled its on-chain national economic transition plan at the World Economic Forum (WEF), it began migrating key payment and financial services to a Stellar Network-based on-chain system. Bermuda residents can now use Stellar-based wallets to receive salaries, make store payments, pay government fees, and also utilize cryptocurrency remittance functions.
