Chainlink Pilot Stablecoin Infrastructure in Bermuda for Institutional Use

A pilot program conducted by Chainlink and Apex Group in collaboration with the Bermuda Monetary Authority (BMA) has successfully developed a stablecoin infrastructure solution designed to support institutional-grade requirements. This initiative aims to advance supervisory oversight in the digital asset space using innovative techniques like embedded supervision, as detailed by the BMA’s Innovation Hub. The pilot leverages Chainlink’s oracle platform and various industry standards such as CCIP, ACE, and PoR to create a fully compliant framework for stablecoin operations.