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News@lemmy.world · 2 days ago

Stop making cents: US Mint moves forward with plans to kill the penny

cross-posted to:
economy@lemmy.world

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Stop making cents: US Mint moves forward with plans to kill the penny

return2ozma@lemmy.world to

News@lemmy.world · 2 days ago

cross-posted to:
economy@lemmy.world

The U.S. Mint has made its final order of penny blanks and plans to stop producing the coin when those run out.

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malin@thelemmy.club
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13 hours ago
This means pennies will stop being made, but the concept of 1 cent will still exist.

Most payments are digital, anyways. This won’t have any meaningful effect.

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