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Coin Shortage and the COVID Blues
Are U.S. coins really in short supply? Why not ask the Federal Reserve, the United States Mint, and the armored carriers sitting on mountains of coin?

As stakeholders in the cash industry, SCTA members understand this is a distribution issue, not a shortage of coin. Business and bank closures associated with the COVID-19 pandemic significantly disrupted the normal patterns of circulation. Still, we face a growing perception that "cash is trash" and this feeling only serves to exacerbate the issue.

So now what? There is significant industry collaboration happening to get coin moving again. In this session, we’ll hear from Patrick Cuddy of the United States Mint on their involvement in the U.S. Coin Task Force and their perspective on payment choice and reducing the consequence and duration of COVID-19 related disruptions to normal cash circulation.

Sep 21, 2021 11:00 AM in Eastern Time (US and Canada)

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