As you may have heard, the U.S. government has made a big change to $100 bills: the Federal Reserve (Fed) and the Bureau of Engraving and Printing will redesign the bills to make them safer and easier to identify.
The largest denomination bill in circulation right now, the USD 100 bill, is one of the bills that will be redesigned. This redesign process is done on a regular basis to make it harder for counterfeiters and scammers to do their work.
Reasons to improve the 100-dollar bills features
The Advanced Counterfeit Deterrence (ACD) Steering Committee and the Secret Service are working together to make sure that the cash stays useful and that it has value as money.
The USD 100 bill is the most valuable legal tender in the United States right now. The scientist and politician Benjamin Franklin is one of America’s most famous and respected people, and this bill shows his face in a big way.
From what the Federal Reserve, the Bureau of Engraving, the ACD, and the Secret Service have said, the new $100 bill will start being used between 2034 and 2038.
Farewell to the Current Dollar Bill: What Changes Await the New USD 100 Note?
At this point, neither the Federal Reserve nor the U.S. Government have given any specifics about how the new $100 bill will look. The security strip and other identification features are likely to see the most major changes, though.
Will Benjamin Franklin Remain on the USD 100 Bill?
That being said, no one knows for sure if Benjamin Franklin will stay on the $100 bill. It’s important to keep in mind that details about this update won’t be out for a few more years.
New Dollar Bills: When Will Other Denominations Enter Circulation?
- The USD 5 bill is expected to circulate between 2032 and 2035.
- The USD 10 bill will be introduced to the market starting in 2026.
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