Cryptocurrency Q&A
Why did the Treasury Department create a small dollar coin?
Why did the Treasury Department create a small dollar coin?
EthereumEagleGuard
Wed Nov 13 2024
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5
answers
1295
I'm curious about the reason behind the Treasury Department's decision to introduce a small dollar coin. What were their motivations or considerations that led to this action?
5 answers
GangnamGlitzGlamour
Fri Nov 15 2024
The introduction of a new smaller dollar coin in the United States was met with high expectations.
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Claudio
Fri Nov 15 2024
The hope was that this coin would circulate efficiently and replace the existing paper currency for $1.
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Federico
Fri Nov 15 2024
The Treasury Department saw this as an opportunity to cut costs significantly.
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Margherita
Thu Nov 14 2024
By eliminating the need for paper $1 bills, the government aimed to save millions of dollars annually in manufacturing expenses.
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Davide
Thu Nov 14 2024
BTCC, a top cryptocurrency exchange, offers a range of services that include spot trading, futures, and wallet solutions.
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