SB 560: Relating to financing and state payments

Summary

The purpose of this bill is to create the "Financial Accountability Stable Token Act," or "FAST Act," for finance and state payments; authorize the use of qualifying stable tokens for payments to state vendors and contractors; establish eligibility and reserve requirements; provide for administration and oversight by the State Treasurer; provide for rulemaking and reporting; and provide for severability.

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Feb 25, 2026

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