The United States Dollar (USD) is the official currency of the United States and one of the most widely recognized and accepted currencies worldwide. It is a fiat currency, meaning it is not backed by a physical commodity like gold but is instead supported by the trust and confidence of its users. The USD serves as a benchmark currency in global financial markets and is used for international trade, investment, and as a reserve currency by many central banks. Its stability, liquidity, and widespread acceptance make it a preferred medium of exchange and a standard unit of account for businesses and individuals alike.
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