The Bermuda government accepts the stable currency USDC to pay taxes

On October 26th, the global financial services company Circle announced that Bermuda became the first government to accept its US dollar stable currency USDC. Circle co-founder and CEO Jeremy Allaire said, "The Bermuda Prime Minister issued an announcement today stating that the stable currency will be the future of the financial system, with a focus on financial technology innovation, which will not only bring value to Bermudians, It is also possible to bring value to the world through the company’s license for the Digital Assets Business Act."