51 Insights

51 Insights

CEO Notes

The first nation to run on USDC

Marc Baumann's avatar
Sangam Bharti's avatar
Marc Baumann and Sangam Bharti
Feb 19, 2026
∙ Paid

Hey, it’s Marc & the 51 team,

Every country has a central bank. Bermuda just chose Circle instead.

At Davos, Premier David Burt announced a partnership with Circle and Coinbase to build what he called “the world’s first fully on-chain national economy.” Tax payments. Merchant settlement. Government disbursements.

All on USDC, all on Coinbase’s Base network…

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