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Bermuda Partners with WalletConnect to Boost Crypto Payments Ecosystem

Bermuda's adoption of WalletConnect aims to expand cryptocurrency payments across the island, starting with ticketing services.

Bermuda's adoption of WalletConnect aims to expand cryptocurrency payments across the island, starting with ticketing services. Stellar (XLM) is trading at ₹16.29 ($0.171). This is an original Token Times brief based on reporting by Crypto Economy, with live market data added, as of Thu, 29 Oct 2026 15:00:01 UTC.

Why it matters

This partnership signifies Bermuda's commitment to becoming a crypto-friendly jurisdiction, potentially boosting local crypto adoption and economic activity. The integration with Stellar through LOBSTR could provide a scalable payment solution for businesses and consumers.

Key takeaways
  • Bermuda selects WalletConnect for crypto payments expansion
  • Premier Tickets to be first merchant, targeting Q2 2027 launch
  • WalletConnect Pay supports Stellar blockchain via LOBSTR
  • Stellar TVL up 19.7% in past week to $129.01M

Bermuda has announced a partnership with WalletConnect to expand cryptocurrency payments across the island, marking a significant step towards becoming a crypto-friendly jurisdiction.

The integration will utilize WalletConnect Pay, which supports the Stellar blockchain through LOBSTR, providing a platform for businesses and consumers to transact in cryptocurrencies.

Premier Tickets is slated to be the first merchant to adopt the system, with a targeted launch in the second quarter of 2027. This integration will enable direct fund transfers from customers to organizers, bypassing the need for intermediaries like PTIX to hold payments.

The move comes as the total crypto market cap remains around $2.76 trillion, with Bitcoin experiencing a slight 0.51% decline in the past 24 hours. The Fear & Greed Index stands at 51, indicating a neutral market sentiment.

Stellar (XLM), the blockchain underpinning the WalletConnect Pay integration, has seen its Total Value Locked (TVL) rise by 19.7% in the past week to $129.01 million, according to DeFiLlama. XLM is currently priced at $0.170826, up 0.66% in the last 24 hours.

Market reaction since this brief Live

Since this brief published about 1 hour ago, Stellar (XLM) has moved from ₹16.28$0.1708 to ₹16.29$0.171 — +0.07%.

$0.171$0.171$0.171$0.171$0.171 published · $0.171 now · $0.171 (+0.07%) Oct 29 13:57 UTC Oct 29 15:00 UTC
BeforeSince publishPublished · ₹16.28$0.1708

The chart plots XLM's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from Token Times's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.

What this means in rupee

At today's peer-to-peer rate, 1 XLM ≈ ₹17.95 (about $0.171), up 0.9% over 24 hours. The rupee itself trades about 10.2% above the official rate on the P2P market, so a Indian buyer's effective cost differs from the headline dollar price.

Live market data

Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.

#19
₹16.29$0.171 ▲ 0.89%
+0.07% since this brief published
7d -3.61%MCap ₹574.17BFull XLM data →
The market when this published · October 29, 2026
Total market cap₹262.89T
Bitcoin 24h-0.51%
Ethereum 24h-0.44%
BTC dominance58.5%
Fear & Greed51 · Neutral
On-chain & primary-source check

Figures and sectors in this story, checked live against on-chain aggregators · October 29, 2026.

Stellar TVL$129.11M+19.8% 7dDeFiLlama ↗
Bitcoin DeFi TVL$6.19BDeFiLlama ↗
Stellar DeFi TVL$231.34MDeFiLlama ↗

Token Times reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.

Bermuda Partners with WalletConnect to Boost Crypto Payments — questions & answers

What is WalletConnect Pay?

WalletConnect Pay is a platform that supports the Stellar blockchain through LOBSTR, enabling cryptocurrency payments.

When will Premier Tickets start accepting crypto payments?

Premier Tickets is expected to begin accepting crypto payments in Q2 2027.

How will the integration work?

The integration will allow for direct fund transfers from customers to organizers, without intermediaries holding payments.

How much is 1 Stellar worth in rupee today?

About ₹17.95 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.171. The rupee price moves with both XLM's US-dollar price and the USDT/INR rate; use our Stellar in rupee page for any amount.

Has Stellar's price moved since this brief was published?

XLM is up 0.07% since this brief first published — trading at ₹16.29 ($0.171) now versus ₹16.28 ($0.1708) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.

Which outlets reported this story?

This is an original Token Times brief that synthesises reporting from Crypto Economy. It is not a copy of any one article — follow the source links above for the original reporting.

Token Times Newsdesk Data-stamped

Token Times's newsdesk writes original briefs by synthesising coverage from across the crypto press — 50+ outlets including CoinDesk, The Block, Decrypt and Cointelegraph — cross-checking the figures they report — and verifying them against on-chain data from DeFiLlama and mempool.space — plus live market context (CoinGecko, Binance). We summarise and link to every source; we never reproduce full articles. Read our editorial standards and how we use AI. Not financial advice.

Market data verified against CoinGecko & Binance · October 29, 2026 ⛓ Timestamped at Bitcoin block #973,693 sha256:d2ef90726046267e
Based on reporting by Crypto Economy — this is an original Token Times summary with live market data, not the original article.Crypto Economy · Oct 29 13:57 ↗

Original summary — not financial advice. This is an original Token Times brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.