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Dollar-pegged stablecoins could explode to a $2 trillion market cap within a few years, Treasury Secretary Scott Bessent said ...
A spokesperson for the Treasury Department confirmed to USA TODAY that the government recently made its final order of penny ...
After more than 200 years, the U.S. bids adieu to the penny, citing high production costs and shifting economic practices.
The Trump administration plans to stop minting the one-cent coins early next year. Here are the potential consequences that ...
The federal government is winding down production of the penny coin following a bipartisan effort to nix the lowest-denomination of U.S. currency over cost concerns, according to a plan outlined by ...
With the penny going away after 2025, will the last edition of the coin have more value than typical pennies? Questions ...
For passage in the Senate, there needs to be at least 60 votes. On Tuesday, two House committees easily approved a bill that ...
Trump actually undersold the argument. According to the U.S. Mint's 2024 Annual Report, it actually costs closer to 4 cents to make each penny. As such, the U.S. Mint is projecting $56 million in ...
The federal government made its final order of penny blanks in May − the first step to end the production of the 1-cent coin, ...
The United States Treasury has put in its final order of pennies, and production is expected to end early next year. Here's ...
After 233 years of production, the U.S. Treasury Department announced that the production of the penny will come to an end.
A banner for Circle Internet Group, the issuer of one of the world’s biggest stablecoins, hangs on the front of the New York ...