This just means that states can't print their own currency. I suppose a state could pass a law allowing debts owed to the state to be paid in gold or silver, but I doubt any state does that.
To: cleoning
Article 1 Section 10 reads in part: “No state shall ... make anything but gold and silver coin a tender in payment of debt”
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This just means that states can’t print their own currency. I suppose a state could pass a law allowing debts owed to the state to be paid in gold or silver, but I doubt any state does that.
ie: tender for payment of a debt.
tender meaning a legally recognized means of exchange.
I am not a big wiki fan but they were convenient and i will say they have it right up to this point, you can google it yourself if you feel it is incorrect.
Legal tender
From Wikipedia, the free encyclopedia
Legal tender or forced tender is payment that, by law, cannot be refused in settlement of a debt denominated in the same currency.
Legal tender is a status which may be conferred on certain examples of money, which may depend on circumstances including the amount of money. The term legal tender does not refer to the money itself.
So the congress has to power to create and regulate and both the states have the obligation and power to enforce.