Chief Financial Officer Blaise Ingoglia Announces His Legislative Priority to Establish Florida Stablecoin Pilot Program Has Passed the Florida Legislature
3/11/2026
TALLAHASSEE, Fla. – Today, Florida Chief Financial Officer Blaise Ingoglia announced that his legislative priority to establish the Florida Stablecoin Pilot Program has passed both the Florida House of Representatives and the Florida Senate. This legislation is sponsored by Senator Nick DiCeglie (Senate Bill 1568) and Representative Jeff Holcomb (House Bill 1415) and is now ready to be sent to the Governor for his signature.
“Florida’s financial systems must be well equipped for the future of financial transactions, and through the Florida Stablecoin Pilot Program, established by this legislation, we are doing just that,” said Chief Financial Officer Blaise Ingoglia. “President Trump has made it a key priority to make the United States the digital asset capital of the world, and Florida is furthering that mission and making it easier for Floridians to utilize their digital assets.”
“With the Florida Stablecoin Pilot Program, Florida is once again leading the nation. Thank you CFO Ingoglia for proposing this legislation and for working with me to get it across the finish line and on its way to the Governor." said Representative Jeff Holcomb.
“Senate Bill 1568 puts Florida in a leadership position and shows we are ready to shape the future of stablecoins, not wait on it. This legislation creates a responsible framework for innovation while keeping accountability and public confidence at the center. Florida will lead by embracing smart policy and setting the standard for others to follow. I’m proud to help move that vision forward.” said Senator Nick DiCeglie.
This legislation establishes the Florida Stablecoin Pilot Program within the Department of Financial Services (DFS) and enables DFS to accept stablecoins as payment for fees, including licensing, applications, renewals, and other regulatory fees administered by DFS.
If this legislation is signed into law, Florida will be the first state in the nation to accept stablecoin as payment, in compliance with the federal GENIUS Act.
This legislation is the first step towards the goal of all of Florida state government accepting stablecoin for payment. DFS will establish a digital wallet address for the receipt of payment stablecoins, identify payment stablecoins best suited for Florida consumers, and process payment stablecoins for fees, including licensing, applications, renewals, and other regulatory fees administered by DFS.
Additionally, this legislation supports President Trump's key mission to make the United States a leader in digital assets. The GENIUS ACT, signed by President Trump last year, established a federal regulatory system for stablecoins, reinforced national security measures related to stablecoins, and requires stablecoin issuers to back their assets with treasuries and U.S. dollars.
CFO Ingoglia has also echoed President Trump’s call to pass the CLARITY Act, which would establish a regulatory framework for digital commodities, provide value for stablecoin holders, and help keep innovation in the digital currency sector here in the United States.
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About the CFO
Florida
Chief Financial Officer (CFO) and State Fire Marshal Blaise Ingoglia serves as
the state’s top financial watchdog, a member of the Florida Cabinet, and the
head of the Florida Department of Financial Services. As CFO, he oversees
billions of dollars in state funds and is committed to protecting taxpayer
dollars, strengthening Florida’s fiscal health, and delivering essential
services that support the state’s excellent economy. As State Fire Marshal, CFO
Ingoglia also works every day to support Florida’s first responders as they
risk their lives to serve and protect communities across the state.