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Most do not (they have green serial numbers). Usually its to prevent counterfeiting by using an ink that previously counterfeiters didn't have. All sorts of ink was used in the "large sized" series of US notes, but in the small sized, a general rule of thumb is:

Brown serial number - National Bank note

Blue serial number - Silver Certificate

Red serial number - United States Note

Yellow serial number - Gold certificate

Green serial number - Federal Reserve Note

However, these guidelines may not always be the case, especially as it relates to older (pre-1928) currency

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Q: Why does money have red serial numbers?
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