medium of exchange
noun phrase
: something commonly accepted in exchange for goods and services and recognized as representing a standard of value
Examples of medium of exchange in a Sentence
Recent Examples on the Web
De-dollarization is growing as Asian economies in particular seek to reduce reliance on the greenback in hopes of using their own currencies as a medium of exchange to reduce FX risks, said Lin Li, head of global markets research for Asia at MUFG.
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Lee Ying Shan, CNBC, 11 June 2025
Aside from its unique luster and heaviness, gold has many desirable qualities – especially as a medium of exchange and symbol of wealth.
—David Szondy
june 07, New Atlas, 7 June 2025
Bitcoin's high value over time will come from its utility, which is a medium of exchange.
—Korok Ray, Forbes.com, 27 May 2025
Stablecoins’ Two Core Jobs Strip away the jargon and stablecoins really do just two things: move money (medium of exchange) and hold money (store of value).
—Christian Catalini, Forbes.com, 29 Apr. 2025
Bitcoin is not working very well at what it was intended to be, which is a trustless medium of exchange that does not involve any third-party intermediaries or central bank money.
—Allison Morrow, CNN, 20 Mar. 2025
Yet its inability to adequately serve as a medium of exchange and its old-world principles may mean a higher floor - but a much lower ceiling than Bitcoin.
Check out my website.
—Roger Huang, Forbes, 17 Mar. 2025
See the fact that already Tether is well ahead of it as a medium of exchange, refereeing 4 out of 5 crypto transactions.
—John Tamny, Forbes, 9 Mar. 2025
That’s because the precious metal is used across many industries, has a limited supply and is considered to be a store of value as a medium of exchange.
—Marc Guberti, Sacramento Bee, 26 Feb. 2025
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Lee Ying Shan, CNBC, 11 June 2025
Aside from its unique luster and heaviness, gold has many desirable qualities – especially as a medium of exchange and symbol of wealth.
—David Szondy
june 07, New Atlas, 7 June 2025
Bitcoin's high value over time will come from its utility, which is a medium of exchange.
—Korok Ray, Forbes.com, 27 May 2025
Stablecoins’ Two Core Jobs Strip away the jargon and stablecoins really do just two things: move money (medium of exchange) and hold money (store of value).
—Christian Catalini, Forbes.com, 29 Apr. 2025
Bitcoin is not working very well at what it was intended to be, which is a trustless medium of exchange that does not involve any third-party intermediaries or central bank money.
—Allison Morrow, CNN, 20 Mar. 2025
Yet its inability to adequately serve as a medium of exchange and its old-world principles may mean a higher floor - but a much lower ceiling than Bitcoin.
Check out my website.
—Roger Huang, Forbes, 17 Mar. 2025
See the fact that already Tether is well ahead of it as a medium of exchange, refereeing 4 out of 5 crypto transactions.
—John Tamny, Forbes, 9 Mar. 2025
That’s because the precious metal is used across many industries, has a limited supply and is considered to be a store of value as a medium of exchange.
—Marc Guberti, Sacramento Bee, 26 Feb. 2025
Cite this Entry
“Medium of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/medium%20of%20exchange. Accessed 1 Jul. 2025.
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