Miami-Dade Cryptocurrency Chair Supports $FUSD Appreciating Stable Token to possibly Address $400M Miami Debt Crisis

[PRESS RELEASE – London, UK, September 6th, 2025, Chainwire]

Miami-Dade County Cryptocurrency Chairman Backs The $FUSD Appreciating Stable Token as A Possible Solution to the $400 Million Miami Debt Crisis

Chairman Elijah John Bowdre of the Miami-Dade County Cryptocurrency Task Force immediately publicly introduced his help for the appreciating secure token $FUSD, as a doable car to scale back authorities debt, developed by FUSD Crypto beneath The CMC Group’s dual-token ecosystem.

As Miami continues to lead the cost in municipal crypto adoption, Chairman Bowdre emphasised how $FUSD’s distinctive tokenomics – designed for each stability and appreciation – align with town’s imaginative and prescient for resilient, long-term monetary innovation.

“Miami is charting the course for the way forward for digital property, and $FUSD is a token that really stands out,” acknowledged Chairman Bowdre. “It’s appreciating stablecoin mannequin provides residents and establishments a reliable retailer of worth that solely grows in price over time.”

About $FUSD

$FUSD is an appreciating secure token created to keep a gentle retailer of worth whereas regularly rising in internet price by way of a dynamic upward-price mechanism. Purchases and gross sales set off minting and burning, respectively, paired with a modest tax construction that reinvests into liquidity, making certain steady worth development for token holders.

Launched in July 2025 by FUSD Crypto, $FUSD is a part of a dual-token structure alongside $FUST, which serves because the utility and development engine within the protocol’s ecosystem.

Why This Matters for Miami’s Crypto Agenda

Under Chairman Bowdre’s management, Miami has turn into a blueprint for integrating cryptocurrency into municipal operations – from accepting crypto for taxes and worker salaries to piloting blockchain-based public providers.

When requested how yield-bearing digital property may scale back authorities debt, Chairman Bowdre states, “Unlike different stablecoins like USDC, USDT, or USD1 which might be all topic to the identical results of greenback inflation, a yield-bearing digital asset can supply much more development potential and subsequently mitigate any long-term losses brought on by international inflation”.

With Miami’s present $400 million deficit disaster, at present forcing authorities officers to take into account cutbacks that may negatively influence the area people and county as an entire, Chairman Bowdre has urged the opportunity of elevating $1 Billion by tokenising public debt, and utilizing yield-bearing property comparable to $FUSD to do that. By utilising yield baring property, it not solely provides the potential of decreasing county debt, however equally provides the potential of accelerating the revenue generated by the state itself, and subsequently will filter again to creating a greater high quality of life for Miami residents.

His help of $FUSD underscores:

• Commitment to stability – Patrols volatility in favour of measured, sustainable token fashions.
• Alignment with municipal objectives – Embracing applied sciences that help long-term fiscal well being.
• Global management – Reinforcing Miami’s position as a vanguard metropolis for community-driven crypto coverage.

Quote from Chairman Bowdre

“As Miami’s most forward-looking crypto public official, my mission is to guarantee our metropolis embraces innovation with out compromising monetary accountability. $FUSD’s appreciating secure token mannequin provides the very best of each worlds, stability and development. That’s the sort of future-proof answer we’re backing.”

About Chairman Elijah John Bowdre

Elijah John Bowdre is the Chairman of the Miami-Dade County Cryptocurrency Task Force and the Executive Director of the Miami-Dade Digital Commission. He is recognised because the highest-ranking crypto public official within the U.S., having authored Florida’s first blockchain invoice, spearheaded Miami’s crypto-payment coverage, and furthered international blockchain dialogues by way of initiatives like worldwide crypto delegations.

About FUSD Crypto / The CMC Group

FUSD Crypto (fusdcrypto.com), a division of The CMC Group, based by Nathan Hill and Colin Woolley, is behind the modern $FUSD token and its companion token, $FUST. Their dual-token system goals to redefine digital worth by mixing appreciating stability with expansive utility and development potential.

About the Miami-Dade County Cryptocurrency Task Force

Established by way of Resolution R-455-21, the Task Force was fashioned to assess the feasibility of utilizing cryptocurrency for county funds and providers. Chaired by Elijah Bowdre, the Task Force has engaged with blockchain leaders throughout the U.S., together with in Wyoming, to craft sound, forward-thinking public coverage.

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