In this news update, the U.S. government has announced a significant change in 100-dollar bills: both the Federal Reserve (Fed) and the Bureau of Engraving and Printing are set to redesign the dollar bills to enhance security features and improve identification measures.
Among the bills to be redesigned is the highest denomination currently in circulation—the USD 100 bill. This redesign process is conducted periodically to make the task of counterfeiters and fraudsters more difficult.
Reasons to improve the 100-dollar bills features
Working alongside the Advanced Counterfeit Deterrence (ACD) Steering Committee and the Secret Service, the objective is not only to safeguard the currency’s relevance but also to reaffirm its monetary value.
Currently, the USD 100 bill holds the title of the highest-value denomination in the United States. This bill prominently features the visage of one of America’s most esteemed figures, the scientist and statesman, Benjamin Franklin.
According to reports from the Federal Reserve and the Bureau of Engraving, along with the ACD and the Secret Service, the new USD 100 bill is set to enter circulation between 2034 and 2038.
Farewell to the Current Dollar Bill: What Changes Await the New USD 100 Note?
For now, the Federal Reserve and the U.S. Government have not revealed specific details about the upcoming design of the new USD 100 bill. However, the most significant modifications are expected to be in the security strip and other identification features.
Will Benjamin Franklin Remain on the USD 100 Bill?
It is still unknown whether Benjamin Franklin will continue to be the face of the USD 100 bill. It’s crucial to note that information about this redesign won’t be available for several 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.
