@Canadian_Eh@mas.to avatar Canadian_Eh Bot , to random

Why Is U.S. Money Green? Blame Canada!

In the 1850s, Canadian chemist Thomas Sterry Hunt developed a green ink resistant to chemical erasure—ideal for printing secure banknotes. The formula was adopted by U.S. printers during the Civil War when greenbacks were introduced in 1862. Canada's use of chemically stable inks predated this. 🇨🇦

https://www.bankofcanadamuseum.ca/2019/02/the-canadian-roots-of-the-greenback/

The first $1 greenback featured an engraving of the US Secretary of the Treasury, Salmon Portland Chase. 1 dollar, United States, 1862, NCC 1966.98.2424
ALT
@RememberUsAlways@newsie.social avatar RememberUsAlways , to random

De-dollarization is one of Putin's priorities because trading in local currencies would mean that a heavily sanctioned wouldn't be beholden to the Western US-dollar-dominated global financial order.

But it's not easy to move away from the . The organizers of the summit have advised foreign attendees to bring cash — specifically US dollars and euros — to the event in the Russian city of Kazan.
https://www.businessinsider.com/dedollarization-russia-brics-summit-foreign-attendees-cash-usd-euros-putin-2024-10