So it is coin and digital. “The legislation would require the state comptroller to establish and provide for the issuance of gold and silver specie and also establish digital currencies that are 100% backed by gold and silver, and 100% redeemable in cash, gold, or silver.” The specie are coins / physical money. I think the digital part of the bill is so that it is in agreement with the constitution. The constitution says only gold and silver backed currency in states can be created.

So it is coin and digital. “The legislation would require the state comptroller to establish and provide for the issuance of gold and silver specie and also establish digital currencies that are 100% backed by gold and silver, and 100% redeemable in cash, gold, or silver.” The specie are coins. I think the digital part of the bill is so that it is in agreement with the constitution. The constitution says only gold and silver backed currency in states can be created.