Six states have already passed legal tender legislation, and fourteen more are considering it. What is the economic significance of this coalition?

The initial six states that passed legal tender statutes—Florida, Texas, Utah, Arkansas, Missouri, and Louisiana—represent an economic powerhouse. Combined, their gross domestic product would make them the third largest economy in the world, trailing only the broader United States and China. With another fourteen states introducing legislation, nearly half of the country is actively building the legal and financial rails to treat precious metals as transactional money.