#AbuDhabiStablecoin

#Arizona has passed Senate Bills 1025 and 1373, positioning it as the first U.S. state to approve a Bitcoin reserve, pending Governor Katie Hobbs’ signature. SB 1025 allows up to 10% of public funds, including treasury and pension assets, to be invested in Bitcoin. SB 1373 establishes a Digital Assets Strategic Reserve Fund, using seized crypto and state allocations, with a 10% annual investment cap. The bills aim to diversify state assets and modernize public finance, but face uncertainty due to Hobbs’ veto history. If signed, Arizona could set a national precedent for Bitcoin adoption.