Chainlink and Apex Group have successfully completed a pilot project with the Bermuda Monetary Authority to test blockchain-based enforcement of stablecoin compliance. The initiative, conducted through the regulator's Innovation Hub, utilized Chainlink's Proof of Reserve and Secure Mint technologies to offer continuous oversight of stablecoin backing and circulation. Apex Group, managing $3.5 trillion in assets, provided essential custody and reserve data, while Chainlink's Automated Compliance Engine integrated Bermuda-specific regulations into the stablecoin's framework. Hacken and Bluprynt supported the project with real-time monitoring and identity verification capabilities.