•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Bermuda is migrating core payment and financial services to the Stellar network (XLM) as part of a broader plan to move the national economy onchain. Despite the announcement, XLM has remained range-bound between $0.15 and $0.18, with the token trading around $0.1622 and down approximately 4.82% over the past 24 hours, according to CoinMarketCap data.
Under the plan, Bermuda will partner with the Stellar Development Foundation to move payments and other financial services onto the Stellar network. The announcement says local merchants currently pay 3% to 5% per transaction in card fees, and that effective payment processing costs can reach as high as 10% in some categories.
Officials said the introduction of digital assets and related infrastructure is intended to keep more value on the island.
The proposal outlines capabilities for Bermudian residents and institutions, including:
Premier E. David Burt, JP, MP, said the lack of mobile money applications and reliance on legacy payments infrastructure has left Bermudians paying high payment processing fees and has hindered additional economic growth opportunities.
Denelle Dixon, CEO and Executive Director of the Stellar Development Foundation, added that Stellar was built to connect the global financial system seamlessly.
The article also referenced the Philippines’ Integrity Chain blockchain transparency system for the Department of Public Works and Highways (DPWH), launched after mass protests over corruption in flood-control projects.
It cited an estimated 130,000 protesters on September 21, 2025, and said the Australian Institute of International Affairs reported the Philippines allocated over $33 billion to flood-control projects across 15 years.
The article further noted that the Bermuda Monetary Authority (BMA) completed an “Embedded Supervision Solution” with Chainlink (LINK), Apex Group, Bluprynt, and Hacken. It said the system is designed to build rules into digital asset infrastructure and enforce them in real time.
According to the content, the solution uses Chainlink’s Automated Compliance Engine (ACE) to check transactions against Bermuda’s policies, Proof of Reserve to verify that digital dollars are backed by real money in a bank account, and Secure Mint to stop new coins from being issued when reserve limits have been reached.
It also stated that Apex Group provides authenticated reserve data from third-party custodians, and that Hacken’s Extractor platform performs real-time onchain monitoring with detection speed of 250 to 500 milliseconds.
The article said XLM has spent most of 2026 trading below $0.20, fluctuating primarily within the $0.15 to $0.18 range. It described $0.20 as both technical resistance and a major psychological barrier.
It also identified a next resistance zone around $0.22 to $0.25, while support is clustered around $0.15 to $0.16.
It noted that CME Group began rolling out XLM futures in February 2026, but said the impact on XLM’s price has remained limited and has not generated enough buying momentum to push the token out of its sideways range.
The Stellar Foundation said the network surpassed $2 billion in onchain real-world asset (RWA) value in the first quarter of 2026. DeFiLlama data cited in the article indicated the network has a stablecoin market capitalization of approximately $415 million, and daily decentralized exchange (DEX) volume around $1.83 million.
Premium gym chains are entering a “golden era” that is ending or already in decline, as rising operating costs collide with shifting consumer preferences toward more flexible, community-based ways to exercise. Long-term memberships are shrinking, margins are pressured by higher rents and facility expenses, and competition from smaller, more personalized…
