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  2. Therefore, on its face, the phrase “To coin Money” in Article I, Section 8, Clause 5 grants to Congress a power that that body can constitutionally exercise only on “Money” that admits of being coined—and thereby constitutionally defines the “Money” of the United States, the “Money” the United States may itself bring into existence, as coin alone.
    constitutionalmilitia.org/to-coin-money/
    Because Article I, Section 10, Clause 1 of the Constitution prohibits the states from coining money, 1 the Supreme Court has recognized Congress’s coinage power to be exclusive. 2 The Supreme Court has also construed Congress’s power to coin money and regulate the value thereof to authorize Congress to regulate every phase of currency.
    constitution.congress.gov/browse/essay/artI-S8-C…
     
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