Every time I get cash from an ATM, it’s dispensed in $20 bills, and it seems like they are all freshly minted, never circulated bills.
I tend to spend these at restaurants and grocery stores. I assume that most of these get deposited in the bank, since a storeisn’t likely to need to keep many $20s around for making change and I doubt they are paying their bills in cash. So, how do all of those lightly used bills (sat in my wallet for a week and then got handed to a cashier) get recirculated, if not through the ATMs?