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The U.S. Mint is asking for help to put the coins back into circulation



Due to the coronavirus crisis, Americans have largely abandoned cash in favor of credit cards or contactless payments. As a result, there are not enough cents, nickel, diamonds and quarters to get around.

Now the U.S. Mint, which produces coins, is asking for help.

“There are enough coins in the economy, but the slow pace of circulation has meant that it is sometimes not difficult to get the right amount of coins when needed,” the mint said in a statement.

“We are asking the American public to start issuing their coins, putting them into circulation or exchanging currency at financial institutions, or taking them to a coin redemption kiosk.”

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However, it can be difficult to break new habits. After many years of reluctance, Americans are finally using contactless and digital payment methods.

“The pandemic has accelerated many of the digital trends already underway, but it has probably pushed us forward five years in five months,” said Greg McBride, chief financial analyst at Bankrate.com.

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