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Redesigned $5 bill enters circulation
The $5 bill has received a new look and entered circulation on March 13. The redesign includes a number of features that are less obvious but will increase its security.
Handicapping currency design: counterfeit deterrence and visual accessibility in the United States and abroad
Despite the increasing use of electronic payments, currency retains an important role in the payments system of every country. Two aspects of currency usage drive currency design worldwide: deterring counterfeiting and making paper currency accessible to the visually impaired. Further, among the world's currencies, only U.S. banknotes are widely owned and used in transactions outside their country of issue (although the euro also has some external circulation). In this article, we compare and contrast major currencies and their design features. We conclude that the designs of the two most ...