Question

When did Paper money become the most common form of Currency Explain in detail

Answer 1

Answer:

Paper money in the United States dates back to 1690 and represented bills of credit or IOUs. New currencies were introduced in the U.S. in 1861 to help finance the Civil War. In 1996, a series of bills were introduced that used new methods to prevent counterfeiting.

Answer 2

Answer:

in 1996 paper money became the most common form of currecy