Bermuda Taps Chainlink and Apex Group for Stablecoin Framework
Chainlink, the industry-standard oracle platform, and Apex Group, a global financial services provider managing $3.5 trillion in assets, have completed a successful pilot for institutional-grade stablecoin infrastructure in collaboration with the Bermuda Monetary Authority (BMA). The initiative marks a major step toward embedding real-time regulatory oversight directly into blockchain systems — a model now being recognized as a blueprint for compliant digital finance worldwide.
The project, conducted within the BMA’s Innovation Hub as part of its Embedded Supervision Initiative, demonstrates how Chainlink’s technology stack can bring compliance, transparency, and interoperability to stablecoin frameworks. The pilot integrates (CCIP), Automated Compliance Engine (ACE), and Proof of Reserve to establish a unified compliance-forward framework for regulated asset issuers operating under Bermuda’s jurisdiction.
“The Bermuda Monetary Authority is one of the most forward-looking regulators globally,” said Sergey Nazarov, Co-Founder of Chainlink. “By leveraging Chainlink’s infrastructure, regulators can now enforce compliance in real time, prevent unauthorized minting, and securely enable cross-chain transactions — all within a transparent, verifiable framework.”
Takeaway
How the Chainlink-Powered answer Works
Deployed on testnet, the pilot answer integrates multiple Chainlink services and ecosystem partners to build a complete, regulator-ready digital asset infrastructure:
- Real-Time of Reserve ensures that on-chain stablecoin supplies always match their underlying collateral.
- Secure Minting Controls: “Secure Mint” secureguards against unauthorized issuance by linking mint authority to verified, regulator-approved wallets.
- On-Chain Policy Enforcement: The Automated Compliance Engine (ACE) enables the BMA to embed regulatory policies and thresholds directly into smart contracts.
- Cross-Chain Interoperability: The Cross-Chain Token (CCT) standard ensures seamless and slippage-free transfers between blockchain networks.
- Integrated Asset Servicing: Apex Group delivers custody, reserve management, and tokenization functions, supported by Tokeny infrastructure.
- On-Chain Security and Monitoring: Hacken provides real-time dashboards for anomaly detection, sanction screening, and security oversight.
- Issuer Identity Transparency: Bluprynt’s “Know Your Issuer” (KYI) and Policy Protocol bind verified entities to their mint authority wallets for traceability.
This collaborative framework integrates compliance, auditing, and transparency directly into the blockchain layer — a shift from traditional post-factum supervision to embedded regulatory oversight.
Takeaway
Industry Leaders Praise Regulator-Aligned Innovation
Peter Hughes, CEO of Apex Group, said the pilot reflects the synergy between technology: “Partnering with the Bermuda Monetary Authority and Chainlink has been a significant step forward. The result is a production-ready, regulator-aligned stablecoin framework that operates with real-time compliance and collateral assurance.”
Chris Brummer, CEO of Bluprynt, emphasized the importance of transparency in building global trust: “By integrating Bluprynt’s KYI and Policy Protocol with Apex’s servicing answers and Chainlink’s oracle technology, we’re proving that regulators, infrastructure providers, and innovators can co-create a more transparent and secure financial system.”
Yevheniia Broshevan, CEO of Hacken, added: “This partnership sets a new standard for regulatory-grade stablecoin infrastructure. Embedding supervisory capabilities directly into the infrastructure enables proactive risk alerts and automated compliance at production speed.”
Takeaway
A Model for the Future of Global Supervision
For Bermuda, this project represents more than just a technical milestone — it positions the jurisdiction as a regulation. With over 1,200 registered insurers underwriting $277 billion in premiums, and a banking sector managing $26 billion in assets, the BMA’s proactive embrace of blockchain supervision reflects its strategy to modernize oversight for a tokenized economy.
For Chainlink and Apex, the pilot highlights a global . The identical infrastructure powering decentralized finance can now underpin compliant, auditable systems for banks, insurers, and asset managers. With Chainlink’s infrastructure already trusted by SWIFT, Euroclear, Mastercard, UBS, and Fidelity International, this initiative extends its reach into the realm of regulatory-grade stablecoins.
“Together, we’re defining how compliance, transparency, and trust can coexist in decentralized markets,” said Nazarov. “This is the next stage in global finance.”
Takeaway
