What They Reveal About How the US Dollar Became the Reserve Currency of the World
The US dollar has come a long way since its introduction in 1792. Over time, it evolved into the world’s reserve currency, holding the highest level of confidence and liquidity, and surpassing all other currencies in circulation.
In times of geopolitical turmoil and a lack of trust in other monetary systems, the US dollar becomes the currency of choice of foreigners and foreign institutions that convert and park their money in US dollars.
When we handle these Federal Reserve Notes, we overlook the symbols that adorn them. They hold some answers to why the US dollar attained its dominant status and is the most recognized currency in the world.