BlockBeats News, July 16 - U.S. Treasury Secretary Scott Besent announced today that the U.S. Mint will produce a $1 commemorative "coin" (with a gold-colored appearance but no actual gold or precious metal content) to commemorate the 250th anniversary of the founding of the United States. The obverse features a portrait of former President Donald Trump in a suit and tie, accompanied by the inscriptions "LIBERTY," "IN GOD WE TRUST," and the dates 1776-2026; the reverse depicts the U.S. Great Seal with the inscriptions "$1" and "250." It is expected to be released in the fall of this year.

This move breaks with the tradition of living presidents not appearing on U.S. currency, with Besent calling it a "lasting symbol of patriotism" and a "commemoration of our heritage of freedom."