The United States Dollar, or USD, is not only the official currency of the United States, but it also serves as the world’s primary reserve currency. Over 65% of all US dollars are held outside the United States, often used in international transactions and as a benchmark in global markets. Historically, the USD’s supremacy dates back to the Bretton Woods Agreement in 1944, which established its dominance in world finances by making it the bedrock of the post-war global economy.

One fascinating aspect of the USD is the iconic design and symbolism within its banknotes, particularly the $1 bill. It features the Great Seal of the United States, which includes the enduring symbol of the country’s independence: the bald eagle clutching arrows and an olive branch. Moreover, the phrase “In God We Trust” first appeared on US currency during the Civil War, in 1864, reflecting a significant historical and cultural evolution during trying times. The influence and pervasive usage of the USD continue to impact economies worldwide, shaping financial landscapes across borders.