Video - The Origins of Paper Money: A Thousand-Year Legacy

Did you know that the paper money in your wallet has ancient origins dating back over 1,000 years? It all started in China during the Tang Dynasty. In the 7th century, the world saw the birth of the very first paper money, known as 'jiaozi.' Faced with a shortage of copper to mint coins, the Chinese turned to paper as a solution. These early banknotes were used by merchants as a more convenient way to conduct large transactions. This revolutionary idea eventually spread across the globe, paving the way for the modern banknotes we use today. So the next time you use cash, remember—you're holding a piece of history that began over a thousand years ago in ancient China!