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المشهد العربي
U.S. elders halt one-cent coin production
The U.S. Senate has officially approved the termination of the one-cent coin after nearly 234 years of its issuance. This decision is based on a legislative bill that provides a legal framework to halt its production, aiming to reduce costs that amounted to about four cents per coin. The move comes amid a decline in the use of this type of currency for daily transactions due to the widespread adoption of digital payments. The decision does not require removing existing coins from circulation, as consumers and merchants can continue to trade with them, rounding transactions to the nearest five cents. President Donald Trump is expected to sign the bill into law, making it effective.
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