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Mmastodon BusinessBusiness first seen 19 h ago, last 19 h ago, peak #5

The penny is making a comeback, just not as currency

Original: The penny is making a comeback. Just don't try to spend it https://www.fastcompany.com/91616785/the-penny-is-making-a-co

The US penny, which the Treasury stopped minting this year, is now being repurposed rather than retired. As Fast Company reports, the one-cent coin is finding a second life as a material for design and craft projects, collectibles and novelty uses, even though it is increasingly unwelcome in everyday cash transactions. The story taps into wider debate about the end of the penny and what a coinless future means for Americans.

Why now: The Treasury recently ended penny production, prompting discussion about what happens to the billions of coins still in circulation.

United States TreasuryUS pennyFast Company

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