**Texas Eyes Gold-Backed Digital Currency to Boost Crypto Adoption**

Texas is exploring a gold-backed digital currency to ease residents into the world of cryptocurrency. At the North American Blockchain Summit, Texas State Representative Cody Harris discussed the potential of a state-issued token as a gateway to digital assets like Bitcoin. The initiative, introduced by Senator Bryan Hughes and Representative Mark Dorazi, aims to provide a secure entry point for crypto skeptics by backing each digital unit with a fraction of a troy ounce of gold. Harris emphasized the importance of this project as a stepping stone rather than a competitor to Bitcoin.