Episode Details
Back to EpisodesUS Mint Halts Penny Production: A New Era of Cashless Transactions
Published 3 weeks, 3 days ago
Description
The United States Mint ceased production of pennies on November 12, 2025, after 232 years, due to high production costs and diminishing buying power. Businesses are adapting with their own rounding rules, and while over 100 billion pennies still circulate, some experts advocate for a federal rounding law to ease the transition.
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