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
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
Crypto represents an entirely new asset class, promising a fresh store of value, medium of exchange and unit of account.
—Ruth Foxe Blader, Forbes, 20 Jan. 2025
Throughout 2024, key metrics related to bitcoin's role as a store of value and medium of exchange have shown consistent growth, signaling increasing adoption.
—Marie Poteriaieva, Forbes, 13 Jan. 2025
To be sure, there is still a long path ahead before bitcoin will be widely accepted as a medium of exchange and unit of account, said Luria.
—Hakyung Kim, CNBC, 5 Dec. 2024
The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions.
—Ron Insana, CNBC, 21 Nov. 2024
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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
Crypto represents an entirely new asset class, promising a fresh store of value, medium of exchange and unit of account.
—Ruth Foxe Blader, Forbes, 20 Jan. 2025
Throughout 2024, key metrics related to bitcoin's role as a store of value and medium of exchange have shown consistent growth, signaling increasing adoption.
—Marie Poteriaieva, Forbes, 13 Jan. 2025
To be sure, there is still a long path ahead before bitcoin will be widely accepted as a medium of exchange and unit of account, said Luria.
—Hakyung Kim, CNBC, 5 Dec. 2024
The three defining features of money are: A medium of exchange A unit of account A store of value Bitcoin – or any cryptocurrency – is not widely used for transactions.
—Ron Insana, CNBC, 21 Nov. 2024
Cite this Entry
“Medium of exchange.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/medium%20of%20exchange. Accessed 29 Mar. 2025.
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