Did They Finally Kill the Penny? Experts Say This Is True—and Its Earth-Opening!

Sun, 03 May 2026 15:28:24 +0000

**Did They Finally Kill the Penny? Experts Say This Is True—and Its Earth-Opening!** Curious Americans are asking: Did they truly eliminate the penny? The currency in smaller than a dollar has quietly faded from daily life—but experts confirm its symbolic and functional transformation, not outright death, is reshaping daily transactions and broader economic trends. This shift marks a quiet but profound shift in U.S. money culture with far-reaching implications. ### Why Did They Finally Kill the Penny? Experts Say This Is True—and Its Earth-Opening! Is Gaining Attention in the US The U.S. penny has not disappeared in the literal sense—but its role has diminished drastically. Over the past decade, circulation has plummeted as digital payments and rising production costs pushed institutions to reduce its relevance. While the Federal Reserve maintains the penny remains legal tender, daily use now accounts for less than 5% of merchant transactions. This quiet decline is prompting experts to rethink the penny’s future—not as gone, but as obsolete in practical circulation.