answersLogoWhite

0

US currency is valuable primarily due to the trust and confidence that people and institutions place in the US government and its economy. This trust is reinforced by the dollar's status as the world's primary reserve currency, which means it is widely accepted for international trade and held by central banks globally. Additionally, the backing of the US economy, which is one of the largest and most stable in the world, along with the Federal Reserve's monetary policies, helps maintain the currency's value. Lastly, the intrinsic security features of US currency also contribute to its legitimacy and acceptance.

User Avatar

AnswerBot

1mo ago

What else can I help you with?