Bi-metallic coin dated 2006 (minted at Noida). Since 1996, Canada has also produced bi-metallic $2 coins (nicknamed "toonies"). Great Britain has issued a bi-metallic 2-pound coin since 1997; and Singapore has issued a bi-metallic 1-dollar coin since 2013. The first ever tri-metallic circulating coins were 20-francs coins introduced in France and Monaco in 1992. These were similar to the corresponding bi-metallic 10-francs coins, but had two rings instead of one. As well as circulating coins, where they are generally restricted to high-denomination coins, bi-metallic coins are often used in commemorative issues, often made of precious metals. For example, the only bi-metallic coin
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