Susan B. Anthony dollar melted, their seignorage would have been added to the debt. Accordingly, the coins were placed in government storage, to be dispensed as needed. The coin's design did have repercussions north of the border; when Canada introduced its new one-dollar coin in 1987, its dimensions were made similar so that vending machine specifications could be common between the two nations. When the Baltimore, Maryland Metro Subway opened in 1984, it used the Susan B. Anthony dollar coin as tokens with which to buy tickets. It became the largest single user of Susan B. Anthony dollar coins in its history. Despite their
Trillion dollar coin announced they would not mint a platinum coin, and five days later, Senate Minority Whip John Cornyn (R-Texas) announced that Senate Republicans would end their threat to block an increase in the debt ceiling. The Federal Reserve's purchase of the trillion dollar coin would be largely analogous to the securities purchases that are part of quantitative easing (QE), in both cases adding to the monetary base, which is the sum of currency in circulation and bank reserves. In the case of the coin, commercial bank reserves would increase as the Treasury spent the proceeds from the coin's purchase by the