From offshore to ‘on chain’: Inside Cayman’s emerging digital economy
When Mike Silagadze shops at Foster’s supermarket, he pays in crypto.
As the CEO of EtherFi, he is able to use the Visa-backed credit card to swipe and sign for his groceries.
“This lets you use it in everyday life. It doesn’t need to be stuck in the digital realm,” he explained, brandishing the sleek indigo card his company has created.
The ability to buy bread with bitcoin is one everyday example of a much bigger story about the evolution of digital assets. For a more complete summary of the story, please see the below link:
Published on: Oct 15, 2025 04:12 AM