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FLORIDA MOVES FIRST ON STABLECOINS 🚨
The Florida Senate just passed the first state-level stablecoin law in a 37–0 vote.
Issuers must hold 1:1 reserves in cash or U.S. Treasuries, follow KYC rules, and report large transactions.
Why it matters: states are racing to build the legal rails for digital dollars.
If signed by the governor, Florida could become the testing ground for regulated stablecoin finance in the U.S.