Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
US Mints Its Last Penny After 232 Years

US Mints Its Last Penny After 232 Years

CoinomediaCoinomedia2025/11/14 04:24
By:Ava NakamuraAva Nakamura

The US ends penny production after 232 years as costs soar. Here's what it means and how Bitcoin fits into the picture.Why Bitcoin Matters in Times Like These

  • The US has officially stopped minting pennies
  • Rising production costs led to the decision
  • Bitcoin’s scarcity stands in contrast to inflation

After over two centuries of circulation, the United States has officially stopped minting the penny. Introduced in 1793, the one-cent coin has long been a symbol of everyday transactions. But in recent years, its value has eroded to the point where making a penny actually costs more than it’s worth.

According to recent figures, it now takes 3.7 cents to mint a single penny — more than triple its face value. The U.S. Mint has faced rising metal costs, inflation, and logistical expenses that made continuing penny production unsustainable.

While the sentimental value of the penny remains, practicality and economic logic have prevailed. Other countries like Canada and Australia ended their lowest denomination coins years ago, and the U.S. has finally followed suit.

🇺🇸 UPDATE: After 232 years, the US just minted its last penny. It costs 3.7× its face value to make.

Inflation shows why scarce assets like Bitcoin matter. pic.twitter.com/0eJXSbkXmv

— Cointelegraph (@Cointelegraph) November 13, 2025

Why Bitcoin Matters in Times Like These

The end of the penny highlights a deeper issue: inflation. As traditional currencies lose value over time, many people are turning to alternative assets that hold or even grow in value. This is where Bitcoin enters the conversation.

Unlike fiat currency, Bitcoin has a hard supply cap of 21 million coins. No central authority can mint more. This scarcity is what makes it attractive in an era when inflation eats away at purchasing power.

The decision to stop minting pennies may seem minor, but it’s part of a larger shift in how we perceive and use money. Digital assets, particularly Bitcoin, are increasingly seen as stores of value in a world where governments can print unlimited currency, but can’t control economic forces like inflation forever.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

YFI has dropped 41.08% over the past year, experiencing fluctuating short-term movements.

- YFI fell 0.02% in 24 hours, 5.94% weekly, but rose 0.04% monthly amid 41.08% annual decline. - Price swings reflect mixed short-term stability and long-term fragility driven by macroeconomic factors. - Backtesting showed -2.15% average return post-41.08% annual drops, with no abnormal gains detected. - Market dynamics suggest prolonged consolidation rather than isolated events caused the sustained decline.

Bitget-RWA2025/11/14 05:56

Solana News Today: Solana ETFs Signal Crypto's Move Into the Mainstream, Surpassing Bitcoin

- VanEck files Form 8-A for its Solana spot ETF (VSOL), signaling imminent Nasdaq launch after October S-1 registration. - 10 Solana ETFs await SEC approval as institutional demand grows for regulated access to the blockchain's ecosystem expansion in DeFi, NFTs, and staking. - Bitwise's first Solana ETF attracted $420M in its debut week, forcing competitors to accelerate strategies amid evolving regulatory pathways. - Strong institutional inflows ($421M in November) pushed SOL toward $168, though volatilit

Bitget-RWA2025/11/14 05:56

ALGO experienced a 16.57% quarter-over-quarter decline due to product transitions and fluctuations in the market.

- ALGO fell 16.57% QoQ amid market volatility and product transition challenges at Alargo. - Alargo replaced Akaroid with NHD, achieving 80% YoY sales growth through direct doctor engagement. - AXI's margin optimization doubled contribution per piece despite 60% volume decline from low-margin delistings. - ARCO Pharma's rebranding and scientific training aims to strengthen pharmacist relationships and market position. - Analysts note long-term margin potential but warn of short-term revenue risks from tran

Bitget-RWA2025/11/14 05:34

BCH Drops 1.35% Today as Loan Expansion Slows and Profitability Faces Challenges

- BCH fell 1.35% in 24 hours amid weak loan growth and reduced inflation adjustment income, with 60% revenue tied to net interest income. - Institutional holdings rose 12.75% but shares held dropped 3.53%, as Bridge Builder increased exposure while Baillie Gifford cut holdings by 289.93%. - Goldman Sachs maintains Neutral rating with 0.70% upside, while backtesting shows mixed post-earnings performance with limited statistical significance from two data points.

Bitget-RWA2025/11/14 05:34