There Is A Coin Shortage In The US


Stores around the U.S. are running low on coins.

Supermarkets and gas stations are asking shoppers to pay with a card or produce exact change when possible. Walmart has converted some of its self-checkout registers to accept cards only.

The coronavirus has delivered a blow to the U.S. supply of quarters, dimes, nickels and even pennies. Social distancing and other safety measures slowed production of coins at the U.S. Mint and fewer coins made their way from customers to banks, coin-sorting kiosks and stores' cash registers.

"The flow of coins through the economy ... kind of stopped," Federal Reserve Chair Jerome Powell said.

The Fed announced it would convene a U.S. Coin Task Force to address the matter.

"Like most retailers, we're experiencing the effects of the nationwide coin shortage," a Walmart spokesperson wrote. "We're asking customers to pay with card or use correct change when possible if they need to pay with cash. Cash is welcome at all of our stores."

"Like many retailers and businesses, we are adjusting to the temporary shortage in several ways while still accepting cash," a Kroger spokesperson said in a statement, outlining various options customers are now offered instead of coin change, like rounding up shoppers' amounts to donate to charity.Stores around the U.S. are running low on coins.

Supermarkets and gas stations are asking shoppers to pay with a card or produce exact change when possible. Walmart has converted some of its self-checkout registers to accept cards only.

The coronavirus has delivered a blow to the U.S. supply of quarters, dimes, nickels and even pennies. Social distancing and other safety measures slowed production of coins at the U.S. Mint and fewer coins made their way from customers to banks, coin-sorting kiosks and stores' cash registers.

"The flow of coins through the economy ... kind of stopped," Federal Reserve Chair Jerome Powell said.

The Fed announced it would convene a U.S. Coin Task Force to address the matter.

"Like most retailers, we're experiencing the effects of the nationwide coin shortage," a Walmart spokesperson wrote. "We're asking customers to pay with card or use correct change when possible if they need to pay with cash. Cash is welcome at all of our stores."

"Like many retailers and businesses, we are adjusting to the temporary shortage in several ways while still accepting cash," a Kroger spokesperson said in a statement, outlining various options customers are now offered instead of coin change, like rounding up shoppers' amounts to donate to charity.

Photos by Getty Images


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